Rice Corporation is evaluating its performance by comparing the budgeted overhead costs and actual overhead costs as follows: Variance 3,600 Performance Report Manufacturing Overhead Statie Budget Comparison First Quarter, 2006 Statie Budget Actual Units produced 21.400 25.000 Variable costs: Indirect materials (budgeted at $2 per unit) $ 42,800 $ 49,000 Indirect labor (budgeted at $1.50 per unit) 32,100 38,000 Power and light (budgeted at $1 per unit) 21.400 24,600 Total variable costs 196300 111.600 Fixed costs: Supervisory salaries 90,000 90,200 Depreciation on plant and equipment 20,000 20,300 Other 5,000 5,000 Total fixed cost 115.000 115.500 Total overhead $211 300 $227.100 () denotes unfavorable variance. (56,200) (5.900) 3,200 (15300 (200) (300) 0 (500 ($15.800 Relative to its budget, what conclusion can you make about Rice Corporation's performance? A. Rice has done neither a good job nor a poor job keeping overhead costs under control B. More information is needed to make a conclusion C. Rice has done a poor job keeping overhead costs under control D. Rice has done a good job keeping overhead costs under control