Part B Bella produces a variety of makeup items and has developed the following standard costs for five overhead items: Overhead Item Total Fixed Cost Variable Rate per Direct Labour Hour Rent $55,000 Electricity $ 0

Part B Bella produces a variety of makeup items and has developed the following standard costs for five overhead items: Overhead Item Total Fixed Cost Variable Rate per Direct Labour Hour Rent $55,000 Electricity $ 0.65 Indirect Labour 180,000 2.15 Repairs 92,000 0.15 Cleaning 80,000 Next year Bella expects production to require 95,000 direct labour hours. Assume that actual production required 100,000 direct labour hours at standard. The actual overhead costs incurred were as follows: 55,000 Electricity 48,600 Rent Continued... 7 BFA312 Management Accounting 85,000 Indirect Labour Cleaning 360,000 Repairs 78,200 Required: a. Prepare a performance report for the period based on actual production