Performance Report Based on Actual Production Palladium Inc. produces a variety of household cleaning products. Palladium's controller has developed standard costs for the following four overhead items: Variable Rate per Direct Labor Hour Overhead Item Total Fixed Cost Maintenance $ 86,000 $0.20 0.45 Power Indirect labor Rent 140,000 2.10 35,000 Assume that actual production required 93,000 direct labor hours at standard. The actual overhead costs incurred were as follows: Maintenance $107.000 Power 41.200 Indirect labor 336.000 Rent 35,000 Required: Prepare a performance report for the period based on actual production. If an amount box does not require an entry entero Enter a favorable ariance as a negative amount and an unfavorable variance as a positive amount If an amount is zero, enter and choose Not applicable from the Performance Report Maintenance $107,000 Power 41,200 Indirect labor 336,000 Rent 35,000 Required: Prepare a performance report for the period based on actual production. If an amount box does not require an entry, enter "o". Enter a favorable variance as a negative amount, and an unfavorable variance as a positive amount. If an amount is zero, enter "o and choose "Not applicable from the dropdown list. Performance Report Actual Budgeted Variance Direct labor hours based on actual Overhead: Maintenance Power Indirect labor Rent Total overhead