Please do not give solution in image format thanku Indirect laborRentRequired:Prepare a performance report for the period based on actual production. If an amount box does not require an entry, enter "0". Enter all values as a positiveamount, including variances. If an amount is zero, enter "0" and choose "Not applicable", otherwise choose favorable or unfavorable from the dropdown list.Direct labor hours based on actualOverhead:35,000MaintenancePowerIndirect laborRentTotal overheadPerformance ReportActualBudgetedVarianceFavorableFavorableLavorableLavorableFavorablePrevious Cerium Inc. produces a variety of household cleaning products. Cerium's controller has developed standard costs for the following four overhead items:Variable Rate per DirectLabor Hour$0.200.683.70Overhead Item Total Fixed CostMaintenance$ 113,000PowerIndirect laborRent140,00035,000Assume that actual production required 60,000 direct labor hours at standard. The actual overhead costs incurred were as follows:MaintenancePowerIndirect laborRentRequired:Prepare a performance report for the period based on actual production. If an amount box does not require an entry, enter "0". Enter all values as a positiveamount, Including variances. If an amount is zero, enter "0" and choose "Not applicable", otherwise choose favorable or unfavorable from the dropdown list.Direct labor hours based on actualOverheadMaintenance$126,80040,300361,40035,000PowerPerformance ReportActualBudgeted* VarianceFavorableFavorableFavorable

The overhead costs can be classified as variable or fixed costs. The variable costs change with…

Indirect labor Rent Required: Prepare a performance report for the period based on actual production. If an amount box does not require an entry, enter "0". Enter all values as a positive amount, including variances. If an amount is zero, enter "0" and choose "Not applicable", otherwise choose favorable or unfavorable from the drop down list. Direct labor hours based on actual Overhead: Maintenance 35,000 Power Performance Report Actual Budgeted Variance Favorable Lavorable Eerorable