Problem 9-23 (Algo) Critiquing a Cost Report; Preparing a Performance Report (L09-1, L09-2, L09-3, LO9-4) 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 Trenent Corporation wachining Department Cont Control Report For the Month Ended June 30 hotul Planning Results Budget Variances Machine-hours 42,090 40,000 Direct Labor was 380,500 $ 78,000 $2,100 Supplier 24,800 22.500 2,000 Maintenance 24,000 21,300 2,700 Utilities 21,700 20.100 1.600 U Supervision 48,000 43.000 Depreciation 83.000 B1.000 Total $ 280,000 $221.600 58.400 V 0 0 "Ujust can't understand all of these unfavorable 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 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 $14,900, the fixed component of the budgeted utilities cost is $13,500 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 furahle "Ifnr unfavorable and "None" for no effectie, zero variance). Input all amounts as positive values.)