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: Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Cost Formulas $16.609 $4,700 + $1.409 $5,500 + $0.809 $1,700 + $0.309 $18,300 + $2.609 $8,400 $2,400 $13,300 + $0.80g The Production Department planned to work 4,000 labor-hours in March; however, it actually worked 3,800 labor-hours during the month. Its actual costs incurred in March are listed below: Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Actual Cost Incurred in March $ 64, 720 $ 9,480 $ 9,090 $ 3, 110 $ 28, 180 $ 8,800 $ 2,400 $ 15,730 Required: 1. Prepare the Production Department's planning budget for the month. 2. Prepare the production Department's flexible budget for the month. 3. Calculate the spending variances for all expense items