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...

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:

Assume that actual production required 93,000 direct labor hours at standard. The actual overhead costs incurred were as follows:

Required:

Prepare a performance report for the period based on actual production. If an amount box does not require an entry, enter "0". Enter a favorable variance as a negative amount, and an unfavorable variance as a positive amount. If an amount is zero, enter "0" and choose "Not applicable" from the dropdown list.