erformance Report Based on Actual Production adan Suriman, controller for Healthy Pet Company, has been instructed to develop a fle verhead costs. The company produces two types of dog food. BasicDiet is a standard m dogs. SpecialDiet is a reduced protein formulation for older dogs with health problems. T use common raw materials in different proportions. The company expects to produce 80 product during the coming year. BasicDiet requires 0.20 direct labor hour per bag, and S 0.30 direct labor hour per bag. Ladan has developed the following fixed and variable cost four overhead items: Variable Rate per Direc Overhead Item Fixed Cost Labor Hour $0.50 0.40 2.10 $57,250 Maintenance Power Indirect labor Rent Assume that Healthy Pet actually produced 100,000 bags of BasicDiet and 90,000 bags of actual overhead costs incurred were as follows: 43,500 39,000 Maintenance Power Indirect labor Ren $81,300 18,700 $143,600 39.000