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 Machine-hours Direct labour wages Supplies Maintenance Usites Supervision Depreciation Total Actual 37.800 $ 67,100 24.500 Static Budget 33.800 Static Budget Variance $ 78.500 $ 8.600 U 4.700 U 19,800 124,000 125,000 17.200 14,900 38,100 38,100 80600 $371,500 80600 $356,000 -1,000 U 2.300 U 0 0 $ 14,000 U "I just can't understand all of these unfavourable 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 amounted to only a couple of hundred dollars, and just look at this report. Everything is unfavourable." Direct labour 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 $99,000; the fixed component of the budgeted utilities cost is $11,200. Required: 1. This part of the question is not part of your Connect assignment. 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 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 Corporation-Machining Department Comprehensive Performance Report For the Month Ended June 30 Actual Results Flexible Budget Variance Flexible Budget Planning Volume Variance Budget Machine-hours Direct labor wages 37,800 33.800 $ 87,100 S 78.500 Supplies 24.500 19.800 Maintenance 124,000 125.000 Usities 17,200 14.900 Supervision 38,100 38.100 Depreciation 80,600 80.600 Total