Westmont Corporation uses a comprehensive budgeting system for planning and control purposes. While departmental supervisors are happy with the system, the factory manager is not.

A report for the company's Assembly Department for March follows:

Assembly Department

Cost Report

For the Month Ended March $31$

Actual Results Planning Budget Variances

Machine$-$hours $15,00020,000$

Variable costs:

Supplies $ $11,400$ $ $12,000$ $ $600$ F

Scrap $42,00045,0003,000$ F

Indirect materials $119,000142,50023,500$ F

Fixed costs:

Wages and salaries $85,90080,0005,900$ U

Equipment depreciation $110,000110,0000$

Total cost $ $368,300$ $ $389,500$ $ $21,200$ F

After receiving this report, the supervisor of the Assembly Department stated, $$These reports are super. It makes me feel good to see how well things are going in my department. I can$$t understand why those people upstairs complain so much about the reports.$$

For the last several years, the company$$s marketing department chronically failed to meet the sales goals expressed in the company$$s monthly budgets. Required: Complete the new performance report for the quarter, based on Flexible Budget Performance approach.

Note: Do not round your intermediate calculations. 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 as positive values.

Westmont Corporation

Assembly Department

Flexible Budget Performance Report

For the Month Ended March $31$