Universal Outfitters,Inc Required:

Prepare a Performance Report for the Period

Universal Outfitters,Inc.is a manufacturer of aluminum folding picnic tables.The company' controller has provided you with the following financial information:
$$\begin{array}{lrr} & \underline{\text { Budget }} & \underline{\text { Actual }} \\\text { Sales Quantity } & 1,500 & 1,300 \\\text { Sales Price Per Unit } & \$ 95.00 & \$ 94.00 \\\text { Variable Product Cost Per Unit } & \$ 27.00 & \$ 25.25 \\\text { Selling Expense fixed } & \$ 33,000 & \$ 26,000 \\\text { Administrative Expense fixed } & \$ 45,000 & \$ 44,000 \\\text { Income Taxes } & \$ 8,800 & \$ 6,000\end{array}$$
Required:

Prepare a performance report for the period.