10 Use the information on the Given Data worksheet to prepare a planning budget and a spending variances report for the Production Department for February 14 15 16 NEXT GENERATION PRODUCTS, INC. Production Department Planning Budget For the Month Ended February 28 Planning 4,500 18 Labor-hours 19 20 Direct labor 75.375 11.875 8,650 2750 20,000 8,500 3,500 17,100 147,750 23 Supplies uipment depreciationS 25 Factory rent 26 Property taxes 27Factory administration 28 Total expenses Correct Lab 4 Given Data