Exercise 9-15 Flexible Budget Performance Report in a Cost Center ILO9-1, LO9-4] 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: $16.50 Direct labor 4,600 1.40q Indirect labor 5,700 0.70 Utilities 1,300 0.30g Supplies $18,200 2.40 Equipment depreciation $8,400 Factory rent $2,700 Property taxes Factory administration $13,500 0.80g The actual costs incurred in March in the Production Department are listed below Actual Cost Incurred in March 65,970 Direct labor 9,520 Indirect labor Utilities 8,960 2,740 Supplies 27,560 Equipment depreciation 8,800 Factory rent 2,700 Property taxes 16,010 Factory administration Required: 1. The company had budgeted for an activity level of 4,100 labor-hours in March. Complete the Production Department's planning budget for the month