Flexible Budget Application The polishing department of Taylor Manufacturing Company operated during April with the following manufacturing overhead cost budget based on 5,000 hours of monthly productive capacity: The polishing department was operated for 4,900 hours during April and incurred the following manufacturing overhead costs: The polishing department was operated for 4,900 hours during April and incurred the following manufacturing overhead costs: Using a flexible budgeting approach, prepare a performance report for the polishing department for April, comparing actual overhead costs with budgeted overhead costs for 4,900 hours. Separate overhead costs into varlable and fixed components and show the amounts of any variances between actual and budgeted amounts. Do not use negative signs with your answers below. Do not round until your final answer. Round answers to nearest whole number, if applicable. Setect elther U for Unfavorable or F for Favorable using the drop down box next to each of your variance answers. Select either U for Unfavorable or F for Favorable using the drop down box next to each of your variance Flexible Budget Application The polishing department of Taylor Manufacturing Company operated during April with the following manufacturing overhead cost budget based on 5,000 hours of monthly productive capacity: The polishing department was operated for 4,900 hours during April and incurred the following manufacturing overhead costs: The polishing department was operated for 4,900 hours during April and incurred the following manufacturing overhead costs: Using a flexible budgeting approach, prepare a performance report for the polishing department for April, comparing actual overhead costs with budgeted overhead costs for 4,900 hours. Separate overhead costs into varlable and fixed components and show the amounts of any variances between actual and budgeted amounts. Do not use negative signs with your answers below. Do not round until your final answer. Round answers to nearest whole number, if applicable. Setect elther U for Unfavorable or F for Favorable using the drop down box next to each of your variance answers. Select either U for Unfavorable or F for Favorable using the drop down box next to each of your variance