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{.}60$q

Indirect labor $$4,100+$ $$2\mathrm{.}00$q

Utilities $$5,400+$ $$0\mathrm{.}30$q

Supplies $$1,400+$ $$0\mathrm{.}30$q

Equipment depreciation $$18,500+$ $$2\mathrm{.}70$q

Factory rent $$8,400$

Property taxes $$2,900$

Factory administration $$13,700+$ $$0\mathrm{.}90$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 $ $66,380$

Indirect labor $ $11,480$

Utilities $ $7,020$

Supplies $ $2,840$

Equipment depreciation $ $29,030$

Factory rent $ $8,800$

Property taxes $ $2,900$

Factory administration $ $16,620$

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.