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:

cost Formulas

Direct labor $16.30q

Indirect labor $4,200 + $1.60q

Utilities $5,300 + $0.70q

Supplies $1,700 + $0.10q

Equipment depreciation $18,100 + $3.00q

Factory rent $8,300

Property taxes $2,600

Factory administration $13,300 + $0.70q

The Production Department planned to work 4,300 labor-hours in March; however, it actually worked 4,100 labor-hours during the month. Its actual costs incurred in March are listed below:

Actual Cost Incurred in March

Direct labor $ 68,410

Indirect labor $ 10,260

Utilities $ 8,700

Supplies $ 2,340

Equipment depreciation $ 30,400

Factory rent $ 8,700

Property taxes $ 2,600

Factory administration $ 15,540

Required Required 3 Prepare the Production Department's planning budget for the month. Packaging Solutions Corporation Production Department Planning Budget For the Month Ended March 31 ok Direct labor Indirect labor nt Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration ences Total expense $ $ 0 TREBY Required 2 > plete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the Production Department's flexible budget for the month. Packaging Solutions Corporation Production Department Flexible Budget For the Month Ended March 31 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Total expense $ 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the spending variances for all expense items. (Indicate the effect of each var for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as pos k Flexible Budget Labor-hours Direct labor int Packaging Solutions Corporation Spending Variances For the Month Ended March 31 Actual Results Spending Variances 4,100 $ 68,410 10,260 8,700 2,340 30,400 8,700 2,600 15,540 $ 146,950 Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration ences Total expense