Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Its Production Department's 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. Prepare the Production Department's planning budget for $t$ Prepare the Production Department's flexible budget for the monPrepare the Production Department's flexible budget performance report for March.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect

variance$).$ Input all amounts as positive values.

planning budget and flexible budget are based on the following formulas, where $q$ is the number of labor$-$hours worked in a

month:

The Production Department planned to work $4,500$ labor$-$hours in March; however, it actually worked $4,300$ labor$-$hours during

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