answer all 3 parts

Exercise 9-16 (Algo) Flexible Budgets in a Cost Center (LO9-1, LO9-2] Packaging Solutions Corporation manufactures and sells a wide variety of packaging 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 is the number of labor hours worked in a month Cost Formula Direct labor $16.104 Indirect labor 54,100 + 51.900 Utilities 55,600.50.600 Supplies 31,400 + $0.300 Equipment depreciation $18,400 52.709 Factory rent 58.100 Property taxes 52,500 Factory administration $15,700 + $0.800 The Production Department planned to work 4,300 labor-hours in March; however, it actually worked 4,100 labor-hours during the month. Its actual costs incurred in March are listed below: Actual Cont Incurred in March Direct labor $ 67,550 Indirect Tabor $11.450 Ulities $ 8.570 Supplies $ 2.900 Equipment depreciation $ 29,470 Factory rent $ 0,500 Property taxes $ 2,500 Factory Administration 16,370 Required: 1. Prepare the Production Department's planning budget for the month. 2. Prepare the Production Department's flexible budget for the month. 3. Calculate the spending variances for all expense items Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the Production Department's planning budget for the month. Packaging Solutions Corporation Production Department Planning Budget For the Month Ended March 31 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Total expense Required Required 2 > Complete this question by entering your answers in the tal Required 1 Required: Required 3 Prepare the Production Department's flexible budget for the month Packaging Solutions Corporation Production Department Flexible Budget For the Month Ended March 31 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Total expense