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 Master Budget Variances

Machine$-$hours $15,00020,000$

Variable costs:

Supplies $ $11,400$ $ $12,000$ $ $600$ F

Scrap $42,00045,0003,000$ F

Indirect materials $119,000142,50023,500$ F

Fixed costs:

Wages and salaries $85,90080,0005,900$ U

Equipment depreciation $110,000110,0000$

Total cost $ $368,300$ $ $389,500$ $ $21,200$ F

Required:

Prepare a flexible budget performance report for the month of March.