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Performance Report Bowling Company provided the following information for last year. Master Budget Actual Data Budgeted production 4,500 4,300 units Direct materials: 9 pounds @ 0.5 per pound $6,800 Direct labor: 0.4 hr. @ $15.5 per hour 30,500 VOH: 0.4 hr. @ $2.30 4,200 FOH: Materials handling, $6,100 6,300 Depreciation, $2,400 2,400 Part 1: Budgeted Amounts for Each Cost Category Part 1: Budgeted Amounts for Each Cost Category 1. Calculate the budgeted amounts for each cost category listed above for the 4,500 budgeted units, then give the total below. Direct materials Direct labor Variable overhead Fixed overhead: Materials handling 9 Depreciation UNI Total Part 2: Performance Report 2. Prepare a performance report using a budget based on expected production. In the variance type column, select "F* for favorable and "U" for unfavorable. If the variance is zero, enter ("0") in the variance amount column and "N" for neither in the variance type column. Bowling Company Performance Report Actual Budgeted Variance Variance Type (FUN) Units produced Part 2: Performance Report 2. Prepare a performance report using a budget based on expected production. In the variance type column, select "F* for favorable and *U* for unfavorable. If the variance is zero, enter (*0") in the variance amount column and "N" for neither in the variance type column. Bowling Company Performance Report Actual Budgeted Variance Variance Type (FU, N) Units produced Direct materials Direct labor Variable overhead Fixed overhead: Materials handling Depreciation ad Total

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