Drive 11:26 PM Fri Nov 26 86% You are a hotshot MBA financial analyst for the manager of the Emmons Corporation's Machining Department. Your manager is visibly upset after being reprimanded for his department's poor performance over the last month, as presented in the below report: Emmons Corporation - Machining Department Department Performance Report For the Month of November 2016 Actual Results Original Planning Variances Budget Volume-Machine Hours 38,000 35,000 Direct Labor Wages Supplies Maintenance Utilities Supervision Depreciation S86,100 S23,100 $137,300 S15,700 S38,000 S80,000 $80,500 $21,000 $134,000 $15,200 $38,000 $80,000 $5,600 U $2,100 U $3,300 U $500 U Total $380,200 $368,700 $11,500 U "I just can't understand all these unfavorable variances," your manager complained to yo "When the big boss called me in, I thought she was going to give me a pat on the back for the great job that we had done in November. Instead, she handed me a copy of this report, read me the riot act, and pointed out to me that every variance was unfavorable! I need your help in countering the conclusions of this report." Your manager gives you the above report and you go back to your office to study and prepare the response for your manager. You know that 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 original budget maintenance cost is $92,000. The fixed component of the original budget utilities cost is $11,700. Required: 1.11.11 Drive 11:26 PM Fri Nov 26 86%