Flexible Budget In an attempt to improve budgeting, the controller for Engersol, Inc., has developed a flexible budget for overhead costs. Engersol, Inc., makes two types of products, commercial floor deaners and household floor cleaners. The company expects to produce 300,000 units of the commercial cleaner and 120,000 units of the household cleaner during the coming year. The commercial cleaner requires 0.04 direct labor hour per unit, and the household cleaner requires 0.06. The controller has developed the following cost formulas for each of the four overhead items: Cost Formula Maintenance $34,300 + $1.25 DLH Power $0.50 DLH Rent Indirect labor $68,200 + $2:30 DLH $31,100 At the end of the year, Engersol, Inc, actually produced 310,000 units of the commercial deaner and 115,000 of the deluxe model. The actual overhead costs incurred were: Maintenance $57,150 Power 9,710 Indirect labor 116,840 Rent 31,100 Required: Prepare a performance report for the period. If there is no variance, enter "o" for the amount and select "NA" in the last column. Engersol, Inc. Performance Report For the Year Ended December 31 Actual Budget Variance DLH for units produced NA Production costs: Maintenance NAX Rent $31,100 At the end of the year, Engersol, Inc., actually produced 310,000 units of the commercial cleaner and 115,000 of the deluxe model. The actual overhead costs incurred were: Maintenance $57,150 Power 9,710 Indirect labor 116,840 Rent 31,100 Required: Prepare a performance report for the period. If there is no variance, enter "O" for the amount and select "NA" in the last column. Engersol, Inc. Performance Report For the Year Ended December 31 Actual Budget Variance DLH for units produced NA Production costs: Maintenance NAX Power Unfavorable Indirect labor Unfavorable Rent NA Total Unfavorable 99