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 ore listed below: Required: 1. Prepore the Production Depertments pionning budget for the month 2. Prepate the Production Department's tlexible budget for the month 3. Prepare the Production Departmems flexible budget periformanke teport for March, including both the spending and octity Complete this question by entering your answers in the tabs below. Prepare the Production Department's planning budget for the month. Complete this question by entering your answers in the tabs 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. (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.)