The Premium Product Company has three production departments: machining, assembly, and finishing. The three departments are under the control of the vice president of manufacturing. Each department has a manager, and one or more supervisors report to each department manager. Accordingly, the chain of command goes from vice president to department manager to supervisor. The responsibility reports for the two supervisors in the Machining Department are provided below: Machining Department - Shift Supervisor Flexible Actual Budget Results Variance Materials $ 18,000 $ 18,750 750 U Labor 37,500 41,150 3,750 U Repairs 3,000 2,400 600 F Maintenance 1,500 1,400 100 F Total $ 60,000 $ 63,800 3,800 U Machining Department - Engineering Supervisor Flexible Actual Budget Results Variance Materials $ 14,200 $ 14.100 100 F Labor 27,000 24,750 2,250 F Repairs 1,800 2,020 220 U Maintenance 1,000 1,330 330 U Total $ 44,000 $ 42,200 1,800 F Other pertinent cost data are provided in the following table: Flexible Actual Budget Results Variance Cost data of other departments: Assembly $ 202,500 $ 199,000 350 F Finishing 176,250 180,300 4,050 U Administrative costs associated with: Machining Department Manager 50,000 48,500 1,500 F Vice President of Manufacturing $ 82,500 $ 85,650 3,150 U Required: 1) Prepare a responsibility report for the manager of the Machining Department. 2) Prepare a responsibility report for the Vice President of Manufacturing.