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 qis the number of labor-hours worked in a month: Cost Formulas $16.10g $4,500 $1.30q $5,400 $0.30q $1,800 $0.30q $18,700 $2.70q $8,100 $2,600 $13,200 $0.90q Direct labor Indirect labor Utilities Supplies mok Equipment depreciation Factory rent Property taxes Prnt Factory administration terences 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 Actual Cost Incurred in March $64,330 $9,810 $ 7,020 $ 3,240 $29,230 $ 8,500 $2,600 $16,120 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Required 1. Prepare the Production Department's planning budget for the month 2 Prepare the Production Departrmentt's flexible budget for the month 3. Calculate the spending variances for all expense items