Several years ogo, Westmont Corporation developed o comprehertive budgeting system for planning ond control purposes. While depormentol supervison hove been hoppy with the system, the foctory monoger hos expressed considerable dissatisfoction with the informotion being generated by the system. A repon for the compony's Assembly Department for the month of Morch follows: After receiving o copy of this cost report, the supervisor of the Assembly. Deportment stated, These reports ore super. it makes me feel reolly good to see how well things ore going in my deportment. I con't understond why those peopilpstairs complain so much about the reports: For the isst severol years, the gomponys morketing deporment has chronicaly folled so meet the sales gools expressed in the company's monthly budigets. Required: 1. The compony's president is uneasy obout the cont reports, identify ot least two resiona. 2 What kind of reports should be used to give better insight into how well deparmental supervisors are controlling costs? 3. Complete the new performsnce report for the quartec, bosed on Flevible Budget Pertormonce approach. 4. Were costs well controlled in March? Complete this question by entering your answers in the tabs below. ingot all amounts asposative vatuek