Acme Company's production budget for August is 18,200 units and includes the following component unit costs: direct materials, $8.00, direct labor, $10.70; variable overhead, 56.70. Budgeted fixed overhead is $39.000. Actual production in August was 19,440 units Required: Prepare a flexible budget that would be used to compare against actual production costs for August (Round "Cost per unit" to 2 decimal places.) Original Budget Flexed Budget (18,200 units) (19,440 units) Cost Formula Direct matals Direct labor Vanable overhead Fored overhead Total budgeted cost $ 0 $ 0 Acme Company's production budget for August is 18,500 units and includes the following component unit costs: direct materials. $8.10, direct labor, $11.00, variable overhead, $5.00. Budgeted fixed overhead is $42.000. Actual production in August was 20,250 units. Actual unit component costs incurred during August include direct materials. $9.20, direct labor, $10.40; variable overhead, $5.50. Actual fued overhead was $44,500. Required: Prepare a performance report, including each cost component. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect fie., zero variance).) Original Budget (18.500 units) Flexed Budget (20,250 units) Achal Cost (20.250 units) Budget Variance 1 Cost Component Direct materials Direct labor Vanable overhead Fived overhead Total budgeted cont 0$ 0 $