In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2020 were as follows. Budget Actual
Indirect materials $16,000 $14,300
Indirect labor 20,000 20,600
Utilities 10,000 10,850
Supervision 5,000 5,000
All costs are controllable by the department manager.
Prepare a responsibility report for April for the cost center.

Hannon Company

Assembly Department

Responsibility Report

For the month of April 2020:

                               Budget       Actual      Variance

Indirect materials   $16,000    $14,300     $1,700  F

Indirect labor           20,000     20,600         600  U

Utilities                     10,000      10,850          850  U

Supervision               5,000       5,000         0       No effect

Total                      $51,000   $50,750      $250  F

Explanation:

a) Data and Calculations:

                               Budget       Actual      Variance

Indirect materials   $16,000    $14,300     $1,700  F

Indirect labor           20,000     20,600         600  U

Utilities                     10,000      10,850          850  U

Supervision               5,000       5,000         0       No effect

Total                      $51,000   $50,750      $250  F

b) The Assembly Department's responsibility report is a the budget analysis that compares its actual and budgeted amounts of controllable costs for the month of April, 2020.  The purpose of this report is to assign responsibility, improve performance, and hold a department or center responsible for its activities.

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself

answer/// real gdp decreases to y3 and the price level falls to p3;