department's poor performance over the prior month. The department's cost control report is given below: Freemont Corporation-Machining Department Cost Control Report For the Month Ended June 38 Actual results Planning Budget Variances Machine-hours 42,080 40, 080 Direct labor wages $ 81, 800 $ 79,680 $2, 200 U Supplies 25,308 23, 208 2, 100 U Maintenance 24,308 21, 708 2, 600 U utilities 22,080 20, 308 1, 780 U Supervision 49, 080 49, 080 Depreciation 83,060 83,080 Total $ 285,480 $276, 808 $8, 600 U "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 for a fact that my department worked more efficiently last month than it has ever worked before. Instead, he tore me apart. I thought for a minute that 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. (Round your Intermediate calculations to 2 decimal places. Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance). Input all amounts as positive values.) * Answer is complete but not entirely correct. Freemont Corporation-Machining Department Flexible Budget Performance Report For the Month Ended June 30 Actual Revenue and Flexible Activity Variances Planning Results Spending Variances Budget Budget Machine-hours 42,000 42,000 40,000 Direct labor wages $ 81,800 1,780 F 83,580 ( $ 3,980 U $ 79,600 Supplies 25,300 940 U 24,360 1, 160 U 23,200 Maintenance 24,300 1,515 x U 22,785 x 1,085 x U 21,700 Utilities 22,000 685 X U 21,315 x 1,015 X U 20,300 Supervision 49,000 ONone 49,000 0 None 49,000 Depreciation 83,000 None 63,000 0None 83,000 Total $285,400 $ 1,360 x U $ 284,040 x 5 7,240 X U $ 276,800