Acompany manufactures and sells a wide variety of products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Direct labor Indirect labor Utilities Supplies Equipment depreciation Cost Formulas $16.50g $4,000+ $2.00g $5,600 + $0.70g $1,800+ $0.30g $18,600+ $2.50g $8,100 The Production Department planned to work 4,400 labor-hours in March; however, it actually worked 4,200 labor-hours during the month. Its actual costs incurred in March are listed below: Factory rent Property taxes. Factory administration $3,000 $13,400+ $0.80g Actual Cost Incurred in March $ 70,920 $ 11,980 $ 9,070 $ 3,330 $ 29,100 $ 8,500 $ 3,000 $ 16,150

Acompany manufactures and sells a wide variety of products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: The Production Department planned to work 4,400 labor-hours in March; however, it actually worked 4,200 labor-hours during the month. Its actual costs incurred in March are listed below: Prepare the Production Department's flexible budget performance report for March, including both the spending and activity variances. (Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e, zero variance), input all amounts as positive values.)