Performance Report Based on Budgeted and Actual Levels of Production Bowling Company budgeted the following amounts: Variable costs of production: Direct materials 3 pounds @ $0.60 per pound Direct labor 0.5 hr. $16.00 per hour VOH 0.5 hr. @ $2.20 FOH: Materials handling $6,200 Depreciation $2,600 At the end of the year, Bowling had the following actual costs for production of 3,800 units: Direct materials $6,800 Direct labor 30,500 VOH 4,200 FOH: Materials handling 6,300 Depreciation $2,600 Required: Check My Work 1. Calculate the budgeted amounts for each cost category listed above for the 4,000 budgeted units. 2. Prepare a performance report using a budget based on expected production of 4,000 units. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number and there is no entries enter then select for "Not applicable Howling Company Performance Report Units produced Direct materials Director Variable overhead Found overhead M handing 3. Prepare a performance report abudget based on the actualevel of production of 3,800 units Enter a favorable variance as a negative number using a minussion and an unfavorable variance a positive number and if there is no entries enter then select for "Not applicable e previous Next 040 1247 1 otse Sulate backspace enter ? | pause 3. Prepare a performance report using a budget based on the actual level of production of 3,800 units. Enter a favorable variance as a negative number using a minussion and an unfavorable variance as a positive number and if there is no entries enter then select for "Not applicable Bowling Company Performance Report Units produced Det har Vartha Mihai Deprecator (previous Next AR JJJAL enter pause hi 3 NIM