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 Actual Planning Results Budget Variances Machine-hours 46,000 43,000 Direct labor wages $ 98,900 $ 94,600 $ 4,300 U Supplies 14,500 12,900 1,600 U Maintenance 152,300 148,000 4,300 U Utilities 18,500 17,900 600 U Supervision 46,000 46,000 0 Depreciation 108,000 108,000 0 Total $ 438,200 $ 427,400 $10,800 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. 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 $83,500; 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. (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.) Activity Variances Planning Budget $ 94,600 Direct labor wages Supplies Maintenance Freemont Corporation-Machining Department Flexible Budget Performance Report For the Month Ended June 30 Actual Flexible Results Spending Variances Budget $ 98,900 $ 2,060 14,500 152,300 18,500 46,000 108,000 $ 438,200 0 Utilities 12,900 148,000 17,900 46,000 108,000 $ 427,400 Supervision Depreciation Total