Brief Exercise 10-29 Performance Report for Variable Variances Humo Company provided the following information: Standard variable overhead rate (SVOR) per direct labor hour Actual variable overhead costs: Inspection Power Actual direct labor hours worked (AH) $4.07 $123.300 $104,600 61,200 Actual production in units Standard hours (SH) allowed for actual units produced VOH: Inspection Power 15,000 61,000 4 hours @ $2.20 4 hours @ $1.87 Required: Prepare a performance report that shows the variances for each variable overhead item (inspec- tion and power)