Machine-hours Cost Control Report, For the Month Ended March 31 Actual Planning Budget 40,000 Results Variances 42,000 Direct labor wages $ 83,100 $ 80,800 $2,300 U Supplies Maintenance 25,800 23,600 2,200 U 24,600 21,700 2,900 U utilities 22,300 20,500 1,800 U Supervision Depreciation Total 50,000 50,000 0 85,000 $ 290,800 85,000 $281,600 $9,200 U 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 $15.700; the fixed component of the budgeted utilities cost is $13,700. Required: 2. Complete the March performance report for the 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.) Flexible Budget Performance Report For the Month Ended March 31 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 $15,700: the fixed component of the budgeted utilities cost is $13,700. Required: 2. Complete the March performance report for the 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.) Flexible Budget Performance Report For the Month Ended March 31 Actual Results Flexible Planning Budget Budget 42,000 40,000 $ 80,800 23,600 21,700 20,500 50,000 85,000 $ 281,600 Machine-hours Direct labor wages $ 83,100 Supplies 25,800 Maintenance: 24,600 Utilities 22,300 Supervision 50,000 Depreciation 85,000 Total $ 290,800