Identify and correct errors

Static Budget Actual Static Budget Variance Machine-hours 37,200 35, 209 Direct labour wages $ 86,509 $ 80,090 6, 580 U Supplies 23,680 19,300 4,300 U Maintenance 119,080 122,890 -3,080 U Utilities 16,780 14, 600 2,189 Supervision 40,909 40,090 Depreciation 82,080 82,090 Total $367,809 $357,900 $ 9,980 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 $83.000; the fixed component of the budgeted utilities cost is $11.100. 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 (le., zero variance). Input all amounts as positive values.) X Answer is complete but not entirely correct. Freemont Corporation-Machining Department Comprehensive Performance Report For the Month Ended June 30 Actual Flexible Budget Variance Flexible Budget Volume Variance Planning Results Budget Machine-hours 37.200 37.200 35,200 Direct labor wages $ 86.500 1,955 U S 84.545 5 4.545 U $ 80,000 Supplies 23.600 3,203 X U O 20.397 1,097 U O 19,300 Maintenance 119.000 5,216 F O 124.216 2.216 U 122,000 Utilities 16,700 1.901 X U 14.798 198 U 14.600 Supervision 40.000 None 40,000 0 None 40.000 Depreciation 82.000 None 82,000. DNone 82,000 Total $367.800 5 1,843 X U S 385.957 S 8.057 U $ 357,900