Answer the following while showing the steps please:

Flexible Budget Application The polishing department of Taylor Manufacturing Company operated during April 2016 with the following manufacturing overhead cost budget based on 5.000 hours of monthly productive capacity Pelishing Department Overhead Dudget (5,000 Hours) Varlable c05tS: $100,0c0 152000 680c0 20a 000 ndirect lsbor ilcies Pazent royakies on secret process otal variable averhead 516,000 Foxed costs Supervisory salanes 144 000 8,000 32 0C0 Factory texes actory Insurance dicies (bose charge Tocal fued overhead 454,000 $1,080,000 The polishing department was operated for 4 600 haurs during April and incurred the following manufacturing n er head toss 97,520 136,160 82,800 96,000 220,410 68,000 144,000 Hactory supplies Ubliies (usage factor) Patent rayalties Superveary sslaries Depreciadon on factory equlpmen Factory taxes Factory insurance 7.000 I manufacturing overhead incured 1,092,896 ISing a flexible budgeting approach, prepare a performance report or the poishing department for April 2016, comparing actual overhead osts with budgeted overhead casts for 4,600 hours, Separate overhead costs into variable and fixed components and show the amounts of any variantes betweei actual and budgeted amounts Do not use negative signs with your answers below. Do not round untl your final answer. Round answers to nearest whele number, it applicable. Select either U for LUnfavorableor Ffor Favorable using the drop down box next to each of your variance answers. Taylor Company Polishing Department Performance Report Manufacturing Overhead For the Month Ended April 30, 2016 Actual Costs Dudget (4,600 hours) Variances Variable costs: Factory supplies Indirec ebor Pacent rayalcies otal veriable averhead Supervisory salaries Factary taxes Factory Insurance Totel fixed averhead Total averhead coats