Maintenance $86,000 a If ". a a , a , ' 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: Variable Rate Overhead Total Fixed per Direct Item Cost Labor Hour $ $1.20 Power 0.45 Indirect 140,000 2.10 2.10 labor 35,000 Rent Assume that actual production required 93,000 direct labor hours at standard. The actual overhead costs incurred were as follows: Maintenance $107.000 Power 41,200 Indirect labor 336,000 Rent 35,000 Required: Prepare a performance report for the period based on actual production. If an amount box does not require an entry, enter "o". Enter a favorable variance as a negative amount, and an unfavorable variance as a positive amount. If an amount is zera, enter 'o' and choose "Not applicable from the dropdown list Performance Report Actual Budgeted Variance Direct labor hours based on actual Overhead: Maintenance $ Power Indirect labor Rent Total overhead +