Question - Delaney Company has the following flexible budget formulas and amounts:

Selling price per unit $54.00

Direct materials per unit 18.00

Direct labor per unit 12.00

Variable factory overhead per unit 7.00

Variable selling and administrative expenses per unit 4.00

Fixed factory overhead $450,000

Fixed selling and administrative expenses 100,000

Actual results for the month of October for the production and sale of 48,000 units were as follows:

Sales revenue $2,605,000

Direct materials 868,000

Direct labor 572,000

Variable factory overhead 334,000

Variable selling and administrative expenses 195,000

Fixed factory overhead 458,000

Fixed selling and administrative expenses 105,000

Prepare a performance report for the month of October.