The following information relates to a company for the month of March Cost Control Report For the Month Ended March 31 Actual Results Planning Budget Variances Machine-hours 42,00 40,000 Direct labor wages $ 88,300 $2.7 Supplies 27.500 25,200 2,600 U Maintenance 24,700 22.500 2,200 U utilities 22,400 21,300 1,100 Supervision 54.00 54,00 e Depreciation 93,000 93,00 Total $ 310,200 5301,600 58,600 Direct labor wages and supplies are variable costs: supervision and depreciation are foxed costs, and maintenance and utilities are mbed costs. The fixed component of the budgeted maintenance cost is $17,300, the fixed component of the budgeted utilities cost is $14.100 Required: 2. Complete the March performance report for the department (Round your intermediate calculations to 2 decimal places. 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 os positive values.) Flexible Budget Performance Report For the Month Endod March 31 Flexible Budget Actual Results 42,000 Machine hours Planning Budget 40.000 Direct labor wages Supplies Maintenance Utilities Supervelon Depreciation Total $ 88,300 27,800 24,700 22.400 54,000 -93.000 5310 200 $ 85,600 25 200 22.500 21,300 54000 93.000 $ 301.600