Performance Report Based on Actual Production 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 $ 86,000 $0.20 Maintenance 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 $90,000 Indirect labour 336,000 41,200 Power Rent 32,000 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 ("O") 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 (For U or N) Direct labour hours based on actual Variable overhead: Maintenance Power Indirect labour Rent Total overhead