Hello, I need help figuring out the equation for the budget cost for a flexible budget report. I have the answers I just don't understand how to get them.

B E F G H J K | L M N O F Q R T Spring 2020 Please complete the Problem as follows: This problem is from our textbook: Pll-1A. 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: TAYLOR MANUFACTURING COMPANY Polishing Department Overhead Budget (5,000 Hours for the Month of April 2016 Variable costs: Factory supplies . $100,000 Indirect labor. . . . . . . . . . 152,000 Utilities (usage charge) .... .. 68,000 Patent royalties on secretp . . . . 296,000 Variable Costs Budget Actual Variance Factory Supplies 92,000 5,520 Total variable overhead. . $ 616,000 97,520 Indirect Labor 36,160 (3,680) Fixed costs: Supervisory salaries. .. . . . . . . $160,000 Utilities 32,560 32,800 20,240 Depreciation on factory eq 144,000 Patent Royalties 272,320 280,416 8,096 Factory taxes . ... . 48,000 Total $596,896 Factory insurance . . . . 12,000 Fixed Cost Utilities (base charge) . - . . . 80,000 Supervisory Salaries Total fixed overhead . $ 464,000 Depreciation on Equp Total manufacturing overhead . . . .. $1,080,000 Factory takes Factory Ins Total The polishing department was operated for 4,600 hours during April and incurred the following manu- facturing overhead costs: 34 35 36 37 38 39 40 41 Factory supplies. . . . .. $ 97,520 Indirect labor . . . . . . . . . 136.160 Utilities (usage factor). B2,800 Utilities (base factor). . 96,000 49 Patent royalties. . . . . . 280,416 50 Supervisory salari 168,000 Depreciation on factory equip 44,000 56,000 52 Factory taxes . . . Factory insurance. 32.000 53 $1,092.896 54 Total manufacturing overhead incurred . 55 56 57 Required 58 Using a flexible budgeting approach, prepare a performance report for the polishing department for 59 April 2016, comparing actual overhead costs with budgeted overhead costs for 4,600 hours. Separate 60 overhead costs into variable and fixed components and show the amounts of any variances between 61 actual and budgeted amounts. 62 63