Hajiey Inc. produces a variety of household cleaning products. Hajiey's controller has developed standard costs for the following four overhead items: Variable Rate per Direct Labour Hour Overhead Item Total Fixed Cost Maintenance $ 86,000 $0.20 Power 0.45 Indirect labour 140,000 2.10 Rent 35,000 Next year, Hajiey expects production to require 90,000 direct labour hours. Assume that actual production required 92,000 direct labour hours at standard. The actual overhead costs incurred were as follows: Maintenance $87,000 Indirect labour 336,000 Power 41,200 Rent 35,000 Required: Prepare a performance report for the period based on actual production. In the variance type column, type "F" for favourable and "U" for unfavourable. If the variance is zero, enter ("0") in the variance amount column and "N" for neither in the variance type column. (Note: Be sure to use capital letters.) Hajiey Inc. Performance Report Actual Budgeted Variance Variance Type (F or U or N) 92,000 Direct labour hours based on actual 90,000 UX 2,000 X Variable overhead: Maintenance $ 87,000 104,000 $ 17,000 F Power 41,200 40,500 X 700 UX Indirect labour 336,000 329000 7,000 Rent 35,000 35,000 0 N 499,200 Total overhead $ 508,500 9,300 x UX