Flexible Budget In an attempt to improve budgeting, the controlier for Engersol, Inc., has developed a flexibie budget for overhead costs. Engersol, Inci, makes two types of products, commercial foor cleaners and household floor cleaners. The company expects to produce 400,000 units of the commercial cleaner and 150,000 units of the household cleaner during the coming year. The commercial cieaner requires 0.05 direct labor hour per unit, and the househoid cleaner requires 0.08. The controlier has developed the following cost formulas for each of the four overhead items: 1. Prepare an overhead budget for the expected activity level for the coming year, 2. Prepare an overhead budget that reflects production that is 10 percent higher than expected (for both products). Prepare on overhead budget for production that is 20 percent lower than expected. 3. Which of the four dato analytic types-descriptive, diagnostic, predictive, or prescriptive-is being used in creating the three fiexible budgets? (See Exhibits 2.5 and 2.6,pp,37,40, for a review of data analyige types.) The flexible budgets are used to determine how well the company will do under various sales scenarios