Instructions Performance Report Bowling Company provided the following information for last year. Master Budget Actual Data Budgeted production 4,200 4,000 units Direct materials: 10 pounds 0.7 per pound Direct labor: 0.4 hr. $16.5 per hour 30,500 VOH: $6,800 0.4 hr. $2.90 4,200 FOH: Materials handling, 56,900 Depreciation, $2,100 6,300 2,100 nstructions Part 2 Performance Report 2. Prepare a performance report using a budget based on expected production. In the variance type column, select "F" for favorable and ow "U" for unfavorable. If the variance is zero, enter ("0") in the variance amount column and "N" for neither in the variance type column. Bowling Company Bud Performance Report Dir Actual Budgeted Variance Variance Type (FU, N) 10 Units produced Dird Direct materials 0 Direct labor VOI Vanable overhead 0 Fixed overhead: FOI Materials handling M Depreciation D Total EEE