Delaney Company has the following flexible budget formulas and amounts:

Selling price per unit	$54.00
Direct materials per unit	18.00
Direct labor per unit	12.00
Variable factory overhead per unit	7.00
Variable selling and administrative expenses per unit	4.00
Fixed factory overhead	$450,000
Fixed selling and administrative expenses	100,000

Actual results for the month of October for the production and sale of 48,000 units were as follows:

Sales revenue	$2,605,000
Direct materials	868,000
Direct labor	572,000
Variable factory overhead	334,000
Variable selling and administrative expenses	195,000
Fixed factory overhead	458,000
Fixed selling and administrative expenses	105,000

Prepare a performance report for the month of October.