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: FRE EMONT CORPORATIONMACHINING DEPARTMENT Cost Control Report For the Month Ended June 36 Static Budget Actual Static Budget Variance Machine-hours 38,266 35,266 Direct labour wages $ 86,366 $ 79,366 $ ?,666 U Supplies 23,966 19,766 4,266 U Maintenance 116,666 123,666 -?,666 U Utilities 16,466 14,166 2,366 U Supervision 38,966 38,966 6 Depreciation 81,666 81,666 6 Total $362,566 $355,666 $ 6,596 U \"ljust can't understand all of these unfavourable variances,\" Weston complained to the supervisor of another department. \"When the boss called me in, lthought 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, andjust 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 $86,000; the xed component of the budgeted utilities cost is $11,400. Required: 1. This part of the question is not part of your Connect assignment. 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.) Machinehours 35.200 Direct labor wages $ 85.300 $ T9300 Supplies 23.900 19.700 Maintenance 116.000 123.000 Utilities 16.400 14.100 Supervision 38.900 38.900 Depreciation Total