Acme Companys production budget for August is 17,900 units and includes the following component unit costs: direct materials, $8.00; direct labor, $10.40; variable overhead, $6.00. Budgeted fixed overhead is $36,000. Actual production in August was 18,135 units, actual unit component costs incurred during August include direct materials, $8.60; direct labor, $9.80; variable overhead, $7.20. Actual fixed overhead was $37,900.

Required:

Prepare a performance report, including each cost component using the headings "Originial Budget", "Flexed Budget", "Actual Cost", and "Budget Variance". (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.)