The following overhead data are for a department of a large company.

The following overhead data are for a department of a large company.

                                                           Actual costs                  Static

                                                           Incurred                         budget

Activity level (in units)                           360                                340

Variable costs:

             Indirect materials                     $4,182                           $4,148

             Electricity                               $2,536                           $2,414

Fixed costs:

            Administration                          $6,540                           $6,500

            Rent                                        $6,310                           $6,400

Required:  

Construct a flexible budget performance report that would be useful in assessing how well costs were controlled in this department.