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 report—director, consumer products division for the month ended january 31 actual budget over budget under budget customer service salaries $ $ $ $ insurance and property taxes distribution salaries marketing salaries engineer salaries warehouse wages equipment depreciation total $ $ $ $ 2. for which costs might the director be expected to request supplemental reports? 1. customer service salaries and marketing salaries as they are significantly over budget. 2. customer service salaries, warehouse wages and marketing salaries as they have significantly changed. 3. engineering salaries and warehouse wages as they are significantly under budget.

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?