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Frank Weston, supervisor of the Freemont Corporation's Machining Department, was upset after being reprimanded for his department's poor performance over the prlor month. The department's cost control report is glven below: TJust can't understand all of these unfavorable varlances," Weston complained to the supervisor of another department. "When the boss called me In, I thought he was golng to glve me a pat on the back because I know my department worked more efficlently last month than ever before Instead, he tore me apart I thought for a minute It might be over the supplies that were stolen out of our warehouse last month. But they only amounted to a couple of hundred dollars, and Just look at this report. Everything is unfavorable." Direct labor wages and supplies are varlable costs; supervision and depreclatlon are fixed costs; and maintenance and utilitiles are mbed costc. The fixed component of the budgeted maintenance cost Is $17,300; the fixed component of the budgeted utilitles cost is $14,100. Pequired: 2 Complete the performance report that will help Mr. Weston's superiors assess how well costs were controlled in the machining department. Note Do not round your Intermedlate calculations. Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (L.e., zero varlance). Input all amounts as positive values. Required: 2 Complete the performance report that will help Mr. Weston's superiors assess how well costs were controlled in the machining department. Note: Do not round your Intermedlate calculations. Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values

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