Handover Company uses a flexible budget for overhead based on direct labor hours (DLH). Annual master budget figures, based on 400,000 direct labor hours, and actual overhead for March, when 30,000 labor hours were worked, are as follows:

Master Budget March Actual

Variable costs:

Indirect Labor $24,000 $1,900

Indirect Materials $45,000 $3,300

Other $280,000 $21,100

Fixed costs:

Supervision $120,000 $10,000

Depreciation $54,000 $4,600

Other $216,000 $17,700

Instructions: Prepare a flexible budget performance report for March. Omit headings other than descriptive columnar headings.