Prob P1010 LO2 Multiple Product Performance Report Case Products manufactures two models of DVD storage cases: regular and deluxe. Presented is standard cost information for each model: Home Regular Deluxe M 2 board feet x $8 3 board feet x $8 Cost Components Direct materials Lumber Assembly kit Direct labor. Variable overhead, Total $16.00 4.00 8.00 4.00 $24.00 4.00 10.00 5.00 1 hour X $8 1 labor hr. X $4 1.25 hours x $8 1.25 labor hrs. x $4 $32.00 $43.00 Budgeted fixed manufacturing overhead is $24,000 per month. During July, the company produced 5,000 regular and 3,000 deluxe storage cases while incurring the following manufacturing costs: Direct materials $209,000 Direct labor... 75,000 Variable overhead. 32,000 Fixed overhead. 30,500 Total $346,500 Required Prepare a flexible budget performance report for the July manufacturing activities. Computation of Variable Cost Variances nuol activity for Repine Company for LO3, 10