After receiving a copy of this cost report, the supervisor of the Assembly Department stated, "These reports are super. It makes me feel really good to see how well things are going in my department. I can't understand why those people upstairs complain so much about the reports." For the last several years, the company's marketing department has chronically failed to meet the sales goels expressed in the company's monthly budgets. Dons ok Required: 1. The company's president is uneasy about the cost reports, Identify at least two reasons. 2. What kind of reports should be used to give better insight into how well departmental supervisors are controlling costs? 3. Complete the new performance report for the quarter based on Flexible Budget Performance approach. 4. Were costs well controlled in March? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required The company's president is uneasy about the cost reports, Identify at least two reasons. (Select reasons.) the item is one of the Cost reports are incredive since bugeted costs one evel of activity are compared to actual cos larother level of activity Cost reports show whether fixed costs are controlled and a not show whether variable costs are Det reports are active singu antrer level of activity red boast one level of activity are compared to actual After receiving a copy of this cost report, the supervisor of the Assembly Department stated, "These reports are super. It makes me feel really good to see how well things are going in my department. I can't understand why those people upstairs complain so much about the reports." For the last several years, the company's marketing department has chronically failed to meet the sales goels expressed in the company's monthly budgets. Dons ok Required: 1. The company's president is uneasy about the cost reports, Identify at least two reasons. 2. What kind of reports should be used to give better insight into how well departmental supervisors are controlling costs? 3. Complete the new performance report for the quarter based on Flexible Budget Performance approach. 4. Were costs well controlled in March? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required The company's president is uneasy about the cost reports, Identify at least two reasons. (Select reasons.) the item is one of the Cost reports are incredive since bugeted costs one evel of activity are compared to actual cos larother level of activity Cost reports show whether fixed costs are controlled and a not show whether variable costs are Det reports are active singu antrer level of activity red boast one level of activity are compared to actual