Required:

2.

Complete the performance report that will help Mr. Westons superiors assess how well costs were controlled in the machining department. (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.

Freemont CorporationMachining Department
Flexible Budget Performance Report
For the Month Ended June 30
	Actual Results	Spending Variances		Flexible Budget	Activity Variances		Planning Budget
Direct labor wages	$86,100					U	$80,500
Supplies	23,100					U	21,000
Maintenance	137,300						134,000
Utilities	15700						15,200
Supervision	38,000						38,000
Depreciation	80,000						80,000
Total	$380,200			$0			$368,700