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 quarter, based on Flexible Budget Performance approach. 4. Were costs well controlled in March? Complete this question by entering your answers in the tabs below. The company's president is uneasy about the cost reports, identify at least two reasons. (Select " X " if the item is one of the reasons.) What kind of reports should be used to give better insight into how well depal 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:) Complete this question by entering your answers in the tabs below. Were costs well controlled in March