Exercise $9-15($Algo$)$ Flexible Budget Performance Report in a Cost Center $[$L$09-1,$ LO$9-2,$ LO$9-3,$ LO$9-4]$

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 $q$ is the number of labor$-$hours worked in a month:

The Production Department planned to work $4,100$ labor$-$hours in March; however, it actually worked $3,900$ labor$-$hours

during the month. Its actual costs Incurred in March are listed below:

Required:

Prepare the Production Department's planning budget for the month.

Prepare the Production Department's flexible budget for the month.

Prepare the Production Department's flexible budget performance report for March, Including both the spending and

activity variances.

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Prepare the Production Department's planning budget for the month.