The budget for Department 6 of Cardinal Company for the current month ending March 31 is as follows: Materials $208,000 Factory wages 265,000 Supervisory salaries 67,800 Depreciation of plant and equipment Power and light 35,000 22,500 Insurance and property taxes 15,500 Maintenance 9,700 During March, the costs incurred in Department 6 of Cardinal 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. Cardinal Company for the month of March. If an a. Prepare a budget performance report for the supervisor of Department 6 amount box does not require an entry, leave it blank. BUDGET PERFORMANCE REPORT Supervisor, Department 6 - Cardinal Company For Month Ended March 31 Budget Actual Over Under Materials $ $ Factory wages Supervisory salaries Depreciation of plant and equipment Power and light Insurance and property taxes Maintenance b. Are there any significant variances (5% or greater) of the budgeted amounts that should be examined by the supervisor