Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Its Production Department$$s planning budget and flexible budget are based on the following formulas, where q is the number of labor$-$hours worked in a month:

Cost Formulas

Direct labor $$16\mathrm{.}20$q

Indirect labor $$4,700+$ $$1\mathrm{.}90$q

Utilities $$5,000+$ $$0\mathrm{.}70$q

Supplies $$1,400+$ $$0\mathrm{.}20$q

Equipment depreciation $$18,300+$ $$2\mathrm{.}70$q

Factory rent $$8,400$

Property taxes $$2,500$

Factory administration $$13,500+$ $$0\mathrm{.}60$q

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

Direct labor $ $64,740$

Indirect labor $ $11,670$

Utilities $ $8,260$

Supplies $ $2,430$

Equipment depreciation $ $28,830$

Factory rent $ $8,800$

Property taxes $ $2,500$

Factory administration $ $15,190$

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.