The cutting department was operated for 4,500 hours during September and incurred the following manufacturing overhead costs: Factory supplies Indirect labor Utilities (usage factor) $40,400 67,200 38,100 Utilities (base factor) 32,000 Patent royalties 134,000 Supervisory salaries 96,000 Depreciation on factory equipment 140,000 Factory taxes 43,400 Factory insurance 27,000 Total manufacturing overhead incurred $618,100 Using a flexible budgeting approach, prepare a performance report for the cutting department for September, comparing actual overhead costs with budgeted overhead costs for 4,500 hours. Separate overhead costs into variable 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. Select either U for Unfavorable or F for Favorable using the drop down box next to each of your variance answers. Lihautu Manu