The budget for Department 10 of Treble Company for the current month ending March 31 is as follows:

During March, the costs incurred in Department 10 of Treble Company were materials, $204,000; factory wages, $285,000; supervisory salaries, $63,600; depreciation of plant and equipment, $35,000; power and light, $21,360; insurance and property taxes, $14,400; maintenance, $9,456.

a. Prepare a budget performance report for the supervisor of Department 10 of Treble Company for the month of March. If an amount box does not require an entry, leave it blank, or enter zero ("0").

b. Are there any significant variances (5% or greater) of the budgeted amounts that should be examined by the supervisor?