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Important information about Responsibility Centers

Using the figures below for each performance center, comparing 2005 actual results with the budgeted results.

Using the four responsibility centers of cost, revenue, profit, and investment:

What cost measurements are used for each of these centers?

Which centers performed better than budget, and which performed worse than budget?

What are the main causes for the performance of each center?

Here are the performance numbers for each workcenter.

Center Actual (2005) Budget Variance

Cost $325,000 $313,000 +$12,000

Revenue $5,050,000 $5,220,000 - $170,000

Profit $1,419,300 $1,544,500 - $115,200

Investment $1,673,000 $1,671,000 + $ 2,000

Operation Research, Management Studies

  • Category:- Operation Research
  • Reference No.:- M928043

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