Thunder Cat Company uses flexible budget to evaluate their performance. The company uses labor hour as a basic tools to calculate the production overhead. Below is the complete information for company's production overhead: Indirect labor Supply Utilities Depreciation. Maintenance Fixed cost RM 9,000 12,000 7,500 18,000 5,500 Variable cost for standard labor hour RM 21,000 16,000 13,000 6,000 For the year 2004, the company has recorded 20,000 standard labor hour. At the end of the year, the company realized that the actual labor hour is 15 000 hours. Actual cost is as follows: Indirect labor Supply Utilities Depreciation Maintenance Variable cost RM 10,000 11,500 9,000 15,000 7,500 Fixed cost RM 8,000 13,000 10,000 15,000 7,500 (a) Prepare flexible budget for three level activity of 14 000, 15 000, and 16 000 direct labour hour. (b) Prepare Performance Report for the year ended 2004.