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: Treenont Corporation Machining Department Cost Control Report For the Month Ended June 30 Actual Planning Resulta Hudget Variances Machine-hours 42.000 40,000 Direct labor wages Supplies Maintenance Utilities Supervision Depreciation Total $ 96,100 30,800 26,500 24,200 60,000 105.000 $ 342,600 $ 92,800 $ 3,3000 27,600 3, 2000 23,700 2,800 V 22,500 1,700U 60,000 0 105,000 0 $331,600 $11,000 U "I just can't understand all of these unfavorable variances," Weston complained to the supervisor of another department "When the boss called me ty, 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 $19,700; the fixed component of the budgeted utilities cost is $14700 Required: 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 (.e., zero variance). Input all amounts as positive values.) Freemont Corporation-Machining Department Flexible Budget Performance Report For the Month Ended June 30 Actual Flexible Rosults Budget 42.000 Planning Budget 40,000 Machine-hours Direct labor wages Supplies Maintenance 5 96,100 30,800 20.500 24 200 60.000 105,000 $ 342,800 $ 92.000 27,600 23,700 22.500 50,000 105,000 5 331.600 Supervision Depreciation Total