Last year, Panacea Laboratories, Inc., researched and perfected a cure for the common cold. Called Cold$-$Gone, the product sells for $$28\mathrm{.}00$ per package, each of which contains five tablets. Standard unit costs for this product were developed late last year for use this year. Per package, the standard unit costs were as follows: chemical ingredients, $6$ ounces at $$1\mathrm{.}00$ per ounce; packaging, $$1\mathrm{.}20$; direct labor, $0\mathrm{.}8$ hour at $$14\mathrm{.}00$ per hour; standard variable overhead, $$4\mathrm{.}00$ per direct labor hour; and standard fixed overhead, $$6\mathrm{.}40$ per direct labor hour. Normal capacity is $46,875$ units per week.

In the first quarter of this year, demand for the new product rose well beyond the expectation of management. During those three months, the peak season for colds, the company produced and sold over $500,000$ packages of Cold$-$Gone. During the first week in April, it produced $50,000$ packages but used materials for $50,200$ packages costing $$60,240.$ It also used $305,000$ ounces of chemical ingredients costing $$292,800.$ The total cost of direct labor for the week was $$579,600$; direct labor hours totaled $40,250.$ Total variable overhead was $$161,100,$ and total fixed overhead was $$242,000.$ Budgeted fixed overhead for the week was $$240,000.$

Prepare a variance analysis performance report.