Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his 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 30 Planning Actual Results Budget 31,000 S 70,900 65,100 S 5,800 U 18,600 136,000 15,500 34,000 84.000 34,000 Direct labor wages Supplies Utilities Depreciation 20,700 139,100 16,100 34,000 84,000 2,100 U 3,100 U 600 U Total S 364,800 $ 353,200 S11,600 U I just can't understand all 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. 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 $95,700 the fixed component of the budgeted utilities cost is $12,400. Required 2. Complete the performance report that will help Mr. Weston's superiors assess how well costs were controlled in the machining department. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Freemont C Flexible Budget Performance Report For the Month Ended June 30 Actual Results Spending Variances Flexible Activity VariancesPlanning Direct labor wages Supplies S 70,900 20,700 139,100 16,100 34,000 84,000 S 364,800 S 65,100 18,600 136,000 15,500 34,000 84.000 S 353,200 Utlities Total