PLEASE HELP.. idk if I answered the ones I did correctly so just check them and answer the rest please. asap thank you!!!

A report for Easterly Corporation's production department for the month of May follows: Production Department Cost Report For the Month Ended May 31 Actual Planning Results Budget 15,000 20,000 Variances Machine-hours Variable costs: Supplies Scrap Indirect materials Fixed costs: Wages and salaries Equipment depreciation Total cost $ 11,400 12,000 600 F 42,000 45,000 3,000 F 119,000 142,500 23,500 F 85,900 80,000 5,900 U 110,000 110,000 $368,300 $389,500 $21,200 F After receiving a copy of this cost report, the supervisor of the Production Department stated, "These reports are super. It makes me feel really good to see how well things are going in my department. I can't understand why those people upstairs complain so much about the reports." For the last several years, the company's marketing department has chronically failed to meet the sales goals expressed in the company's monthly budgets. Required 1. The company's president is uneasy about the cost reports, identify at least two reasons. 2. What kind of reports should be used to give better insight into how well departmental supervisors are controlling costs? 3. Complete the new performance report for the month of May, based on Flexible Budget Performance approach. 4. Were costs well controlled in May? Complete this question by entering your answers in the tabs belovw Required 1 Required 2Required 3Required 4 Prepare a new performance report for the month of May. (Do not round your intermediate calculations. 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.) Easterly Corporation Production Department Flexible Budget Performance Report For the Month Ended May 31 Flexible Actual Results Planning Budget 15,000 15,000 20,000 $ 11,400 42,000 119,000 85,900 110,000 $ 368,300 $12,000 5,000 42,500 Supplies Scrap Indirect materials Wages and salaries Equipment depreciation Total one 80,000 10,000 S 389,500 one Required 2 Required 4