The budget for Area 51 of Planet Z for the current month ending November 30 is below: Materials $2,006,000 Factory wages 2,065,000 Supervisory salaries 670,800 Depreciation of plant and equipment 350,000 Power and light 220,500 Insurance and property taxes 150,500 Maintenance 90,700 During November, the costs incurred in Area 51 were materials, $2,004,000; factory wages, $2,085,000; supervisory salaries, $630,600; depreciation of plant and equipment, $350,000; power and light, $210,360; insurance and property taxes, $140,400; maintenance, $90,456. (a) Prepare a budget performance report for the supervisor of Area 51 for the month of November (b) Are there any significant variances (greater than 5%) of the budgeted amounts that should be examined by the supervisor?