Presented is the January performance report for the Production Department of Nowwhat Company $($see chart$).$ Questions: a$.$ Evaluate the performance report. b$.$ Prepare a more appropriate performance report.

$\backslash$table$[[$Nowwhat Company Performance Report for Month of$],[,$Actual,Budget$],[$Volume$,50,000,46,000],[$Manufacturing Costs,,$],[$Direct Materials,$130,500,124,200],[$Direct Labor,$118,000,105,800],[$Variable Overhead,$72,000,69,000],[$Fixed Overhead,$252,000,250,000],[$Total$,572,500,549,000]]$