A report for a company's Assembly Department for the month of March follows: Assembly Department Cost Report For the Month Ended March 31 Actual Results 25,000 Master Budget 30,000 Variances Machine-hours Variable costs: Supplies Scrap Indirect materials Fixed costs: Wages and salaries. $ 6,600 19,600 $ 7,200 $ 600 F 21,000 1,400 F 61,400 70,500 9,100 F 66,700 64,000 94,000 94,000 2,700 U 0 $ 248,300 $ 256,700 $ 8,400 F Equipment depreciation Total cost Required: Prepare a flexible budget performance report for the month of March. Complete this question by entering your answers in the tabs below. Required 3 Complete the new performance report for the quarter, based on Flexible Budget Performance approach. (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 (i.e., zero variance). Input all amounts as positive values.) Assembly Department Flexible Budget Performance Report For the Month Ended March 31 Actual Spending Variance Results Machine-hours (q) 25,000 Supplies $ 6,600 Scrap 19,600 Indirect materials 61,400 Wages and salaries 66,700 Equipment depreciation 94,000 Total $ 248,300 Flexible Volume Variance Budget Master Budget 30,000 $ 7,200 21,000 70,500 64,000 94,000 $ 256,700