The polishing department was operated for 4,700 hours during April and incurred the following manufacturing overhead costs: Factory supplies $97,570 Indirect labor 136,210 Utilities (usage factor) 82.800 Utilities (base factor 96,000 Patent royalties 280.466 Supervisory Salaries 169.000 Depreciation on factory equipment 144,000 Factory taxes 57.000 Factory insurance 32,000 Total manufacturing overhead incurred $1,095,046 Using a flexible budgeting approach, prepare a performance report for the polishing department for April 2016, comparing actual overhead costs with budgeted overhead costs for 4,700 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 Ufor Unfavorable or Ffor Favorable using the drop down box next to each of your variance answers, The polishing department was operated for 4,700 hours during April and incurred the following manufacturing overhead costs: Factory supplies $97,570 Indirect labor 136,210 Utilities (usage factor) 82.800 Utilities (base factor 96,000 Patent royalties 280.466 Supervisory Salaries 169.000 Depreciation on factory equipment 144,000 Factory taxes 57.000 Factory insurance 32,000 Total manufacturing overhead incurred $1,095,046 Using a flexible budgeting approach, prepare a performance report for the polishing department for April 2016, comparing actual overhead costs with budgeted overhead costs for 4,700 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 Ufor Unfavorable or Ffor Favorable using the drop down box next to each of your variance answers