Please help with step by step so that I can understand the answer.

Several years ago, Westmont Corporation developed a comprehensive budgeting system for planning and control purposes. While departmental supervisors have been happy with the system, the factory manager has expressed considerable dissatisfaction with the information being generated by the system.

A report for the company's Assembly Department for the month of March follows:

After receiving a copy of this cost report, the supervisor of the Assembly Department stated, These reports are super. It makes me feel really good to see how well things are going in my department. I cant understand why those people upstairs complain so much about the reports.

For the last several years, the companys marketing department has chronically failed to meet the sales goals expressed in the companys monthly budgets.

Cost Report For the Month Ended March 31 Actual ResultsPlanning BudgetVariancesMachine-hours15,00020,000 Variable costs: Supplies$ 11,100$ 11,700$ 600FScrap40,60043,5002,900FIndirect materials115,400138,00022,600FFixed costs: Wages and salaries84,70079,0005,700UEquipment depreciation109,000109,0000 Total cost$ 360,800$ 381,200$ 20,400F

Required:

1. The companys 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 quarter, based on Flexible Budget Performance approach.

4. Were costs well controlled in March?

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Complete the new performance report for the quarter, based on Flexible Budget Performance approach. (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.)

Westmont CorporationAssembly DepartmentFlexible Budget Performance ReportFor the Month Ended March 31 Actual ResultsRevenue and Spending VariancesFlexible BudgetActivity VariancesPlanning BudgetMachine-hours (q)15,000 20,000Supplies$11,100 U $11,700Scrap40,600 43,500Indirect materials115,400 138,000Wages and salaries84,700 79,000Equipment depreciation109,000 109,000Total$360,800 $381,200