Acme Company's production budget for August is 17,800 units and includes the following component unit costs:...

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Acme Company's production budget for August is 17,800 units and includes the following component unit costs: direct materials, $6.00; direct labor, $10.00; variable overhead, $6.00. Budgeted fixed overhead is $35,000. Actual production in August was 19,368 units. Actual unit component costs incurred during August include direct materials, $8.50; direct labor, $9.50; variable overhead, $7.50. Actual fixed overhead was $36,800. Required: Prepare a performance report, including each cost component. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Answer is not complete. Actual Cost Component Original Budget Flexed Cost Budget Budget Variance (19,368 (17,800 units) (19,368 units) units) Direct materials $ 106,800 $ 116,208 $ 163,268 $ 48,420 U Direct labor 178,000 193,680 183,046 9,684 F Variable overhead 106,800 116,208 145,260 9,684 U Fixed overhead 35,000 35,000 35,000 1,800 U Total budgeted cost. $ 426,600 S 461,096 $ 526,574 U Acme Company's production budget for August is 17,800 units and includes the following component unit costs: direct materials, $6.00; direct labor, $10.00; variable overhead, $6.00. Budgeted fixed overhead is $35,000. Actual production in August was 19,368 units. Actual unit component costs incurred during August include direct materials, $8.50; direct labor, $9.50; variable overhead, $7.50. Actual fixed overhead was $36,800. Required: Prepare a performance report, including each cost component. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Answer is not complete. Actual Cost Component Original Budget Flexed Cost Budget Budget Variance (19,368 (17,800 units) (19,368 units) units) Direct materials $ 106,800 $ 116,208 $ 163,268 $ 48,420 U Direct labor 178,000 193,680 183,046 9,684 F Variable overhead 106,800 116,208 145,260 9,684 U Fixed overhead 35,000 35,000 35,000 1,800 U Total budgeted cost. $ 426,600 S 461,096 $ 526,574 U