Presented is the January performance report for the Production Department of Nowwhat Company.

Required

a. Evaluate the performance report.

b. Prepare a more appropriate performance report.

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Volume.. Manufacturing costs Direct materials.. Direct labor... Variable overhead. Fixed overhead.. Total NOWWHAT COMPANY Production Department Performance Report For Month of January Actual Budget Variance 40,000 38,000 $160,000 $152,000 $ 8,000 U 295,000 228,000 67,000 U 162,000 114,000 48,000 U 36,000 38,000 2,000 F $653,000 $532,000 $121,000 U