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Budget performance report for a cost center

GHT Tech Inc. sells electronics over the Internet. The Consumer Products Division is organized as a cost center. The budget for the Consumer Products Division for the month ended January 31 is as follows:

Customer service salaries	$546,840
Insurance and property taxes	114,660
Distribution salaries	872,340
Marketing salaries	1,028,370
Engineer salaries	836,850
Warehouse wages	586,110
Equipment depreciation	183,792
Total	$4,168,962

During January, the costs incurred in the Consumer Products Division were as follows:

Customer service salaries	$602,350
Insurance and property taxes	110,240
Distribution salaries	861,200
Marketing salaries	1,085,230
Engineer salaries	820,008
Warehouse wages	562,632
Equipment depreciation	183,610
Total	$4,225,270

Required:

Question Content Area

1. Prepare a budget performance report for the director of the Consumer Products Division for the month of January. If an amount box does not require an entry, leave it blank.

GHT Tech Inc. Budget Performance ReportDirector, Consumer Products Division For the Month Ended January 31

	Actual	Budget	Over Budget	Under Budget
Customer service salaries	$fill in the blank b66c82f2cff705a_1	$fill in the blank b66c82f2cff705a_2	$fill in the blank b66c82f2cff705a_3	$fill in the blank b66c82f2cff705a_4
Insurance and property taxes	fill in the blank b66c82f2cff705a_5	fill in the blank b66c82f2cff705a_6	fill in the blank b66c82f2cff705a_7	fill in the blank b66c82f2cff705a_8
Distribution salaries	fill in the blank b66c82f2cff705a_9	fill in the blank b66c82f2cff705a_10	fill in the blank b66c82f2cff705a_11	fill in the blank b66c82f2cff705a_12
Marketing salaries	fill in the blank b66c82f2cff705a_13	fill in the blank b66c82f2cff705a_14	fill in the blank b66c82f2cff705a_15	fill in the blank b66c82f2cff705a_16
Engineer salaries	fill in the blank b66c82f2cff705a_17	fill in the blank b66c82f2cff705a_18	fill in the blank b66c82f2cff705a_19	fill in the blank b66c82f2cff705a_20
Warehouse wages	fill in the blank b66c82f2cff705a_21	fill in the blank b66c82f2cff705a_22	fill in the blank b66c82f2cff705a_23	fill in the blank b66c82f2cff705a_24
Equipment depreciation	fill in the blank b66c82f2cff705a_25	fill in the blank b66c82f2cff705a_26	fill in the blank b66c82f2cff705a_27	fill in the blank b66c82f2cff705a_28
Total	$fill in the blank b66c82f2cff705a_29	$fill in the blank b66c82f2cff705a_30	$fill in the blank b66c82f2cff705a_31	$fill in the blank b66c82f2cff705a_32

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