OK,
I've added a report that is based on the form. Still only have two controls, but both are now functional. I also added a preview button, so you can see on the report how the changes you made on the form will affect how the label looks. All you need to do is add a couple of more controls, maybe tweak the subroutines that refer to the report controls so that the names work out right.
Then, if you want to take it further, you could use boaq's idea and save the various formats to a table and allow the user to select a format from the table.