Frank Weston, supervisor of the Freemont Corporation's Machining Department, was upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is given below: Freemont Corporation-Machining Department Machine-hours Supplies Maintenance Direct labor wages ces Utilities Cost Control Report For the Month Ended June 30 Actual Results 42,000 $ 81,800 Planning Budget 40,000 $ 79,600 23,200 Variances $ 2,200 U 25,300 2,100 U 24,300 21,700 2,600 U 22,000 20,300 1,700 U 49,000 49,000 0 83,000 83,000 0 $ 285,400 $ 276,800 $ 8,600 U Supervision Depreciation Total "I just can't understand all of these unfavorable variances," Weston complained to the supervisor of another department. "When the boss called me in, I thought he was going to give me a pat on the back because I know my department worked more efficiently last month than ever before. Instead, he tore me apart. I thought for a minute it might be over the supplies that were stolen out of our warehouse last month. But they only amounted to a couple of hundred dollars, and just look at this report. Everything is unfavorable." Direct labor wages and supplies are variable costs; supervision and depreciation are fixed costs; and maintenance and utilities are mixed costs. The fixed component of the budgeted maintenance cost is $15,300; the fixed component of the budgeted utilities cost is $13,600. Required: 2. Complete the performance report that will help Mr. Weston's superiors assess how well costs were controlled in the machining department. Note: Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values. Actual Results Freemont Corporation-Machining Department Flexible Budget Performance Report For the Month Ended June 30 Machine-hours 42,000 Direct labor wages $ 81,800 Supplies 25,300 Maintenance 24,300 Utilities 22,000 Supervision 49,000 Depreciation 83,000 Total $ 285,400 Flexible Planning Budget Budget 40,000 $ 79,600 23,200 21,700 20,300 49,000 83,000 $ 276,800