Cerium Inc. produces a variety of household cleaning products. Cerium's controller has developed standard costs for the following four overhead items: Variable Rate per Direct Overhead Item Total Fixed Cost Maintenance Power $113,000 Indirect labor Rent 140,000 35,000 Labor Hour $0.20 0.68 3.70 Assume that actual production required 60,000 direct labor hours at standard. The actual overhead costs incurred were as follows: Maintenance Power Indirect labor Rent Required: $126,800 40,300 361,400 35,000 Prepare a performance report for the period based on actual production. If an amount box does not require an entry, enter "0". Enter all values as a positive amount, including variances. If an amount is zero, enter "0" and choose "Not applicable", otherwise choose favorable or unfavorable from the drop down list. Performance Report Actual Budgeted* Variance Direct labor hours based on actual 0 Overhead: Maintenance Power Indirect labor Rent Total overhead 35,000 Not applicable Unfavorable Favorable Favorable Not applicable Unfavorable