Bill Radner, supervisor of the machining department for Dromount Company, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's performance report is given below: Dromount Company Performance Report - Machining Department Budget 44.000 Machine-hours 46.000 Variance 2.000 u $ 36.800 123.280 49.220 $ 1.600 U 4.480U 5.220 V Variable overhead costs: Utilities Indirect labour Supplies Maintenance Total variable overhead costs Fixed overhead cost: Supervision Maintenance Depreciation 72.680 2.280 V $281980 $ 35,200 118,800 44.000 70,400 $268.400 $45.400 $92.550 158.100 $13.580 U $ 46,000 93,200 160.650 $ 600U $ 650 U $ 2550 Total fixed overhead costs Total overhead costs $299.850 $581.830 $296.050 $564 450 $ 3.800 U $17.380 U The machining department had called for a budgeted activity level of 44.000 machine-hours. Required: Prepare a new overhead performance report that will help Radner's boss assess efficiency and cost control in the machining department. Use the template provided below. (13 marks) Enter all numbers as positive numbers. For each varlance, Indicate whether it is Unfavouable (U). Favourable (F) or None. Varlance U or For None Dromount Company Performance Report - Machining Department Cost Flexible formula Actual per MH Budget Machine-hours Variable overhead costs: Utilities Indirect labour Supplies Maintenance Total variable overhead costs $ $ Fixed overhead costs: Supervision Maintenance Depreciation Total fixed overhead costs Total overhead costs