Flexible fudget In an attempt to improve budgeting, the controller for Mellore, Inc, has developed a flexible budget for overhead costs, Melion, Inc., makes two types of products, the standard model and the delse model. Meliore expects to produce 300,000 units of the standard model and 120,000 units of the deluxe model during the coming year. The standard model requires 0.05 direct labor hour per unit, and the deluxe model requires 0.08. The controller has developed the following cost formulas for each of the four overhead items! Cost Formula Maintenance $34.600 - $1.25 DLH Power $0.50 DUH Indirect labor $68,200 - 12.30 DLH Rent $31,100 At the end of the year, Melior, Inc, actually produced 310,000 units of the standard model and 115,000 of the deluxe model. The actual overhead couts incurred were Maintenance $ 54,200 12.410 Indirect labor 129,260 Power Het 31.100 Prepare a performance report for the period. If there is no variance, enter for the amount and select "NA" in the last column. Meliore, Inc Performance Report For the Year Ended December 31 Actual Budget Variance DLH for units produced Production con Tatal