Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Its Production Department's planning Required $1$

Required $2$

Prepare the Production Department's planning budget for the month.

$\begin{array}{cc}\text{P}\text{a}\text{c}\text{k}\text{a}\text{g}\text{i}\text{n}\text{g}\text{S}\text{o}\text{l}\text{u}\text{t}\text{i}\text{o}\text{n}\text{s}\text{C}\text{o}\text{r}\text{p}\text{o}\text{r}\text{a}\text{t}\text{i}\text{o}\text{n}& ?\\ \text{P}\text{r}\text{o}\text{d}\text{u}\text{c}\text{t}\text{i}\text{o}\text{n}\text{D}\text{e}\text{p}\text{a}\text{r}\text{t}\text{m}\text{e}\text{n}\text{t}\text{P}\text{l}\text{a}\text{n}\text{n}\text{i}\text{n}\text{g}\text{B}\text{u}\text{d}\text{g}\text{e}\text{t}& ?\\ \text{F}\text{o}\text{r}\text{t}\text{h}\text{e}\text{M}\text{o}\text{n}\text{t}\text{h}\text{E}\text{n}\text{d}\text{e}\text{d}\text{M}\text{a}\text{r}\text{c}\text{h}31& ?\\ \text{D}\text{i}\text{r}\text{e}\text{c}\text{t}\text{l}\text{a}\text{b}\text{o}\text{r}& ?\\ \text{I}\text{n}\text{d}\text{i}\text{r}\text{e}\text{c}\text{t}\text{l}\text{a}\text{b}\text{o}\text{r}& ?\\ \text{U}\text{t}\text{i}\text{l}\text{i}\text{t}\text{i}\text{e}\text{s}& ?\\ \text{S}\text{u}\text{p}\text{p}\text{l}\text{i}\text{e}\text{s}& ?\\ \text{E}\text{q}\text{u}\text{i}\text{p}\text{m}\text{e}\text{n}\text{t}\text{d}\text{e}\text{p}\text{r}\text{e}\text{c}\text{i}\text{a}\text{t}\text{i}\text{o}\text{n}& ?\\ \text{F}\text{a}\text{c}\text{t}\text{o}\text{r}\text{y}\text{r}\text{e}\text{n}\text{t}& ?\\ \text{P}\text{r}\text{o}\text{p}\text{e}\text{r}\text{t}\text{y}\text{t}\text{a}\text{x}\text{e}\text{s}& ?\\ \text{F}\text{a}\text{c}\text{t}\text{o}\text{r}\text{y}\text{a}\text{d}\text{m}\text{i}\text{n}\text{i}\text{s}\text{t}\text{r}\text{a}\text{t}\text{i}\text{o}\text{n}& ?\\ \text{T}\text{o}\text{t}\text{a}\text{l}\text{e}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}\text{s}& ?\end{array}$ Required $1$

Required $2$

Required $3$

Prepare the Production Department's flexible budget for the month.

$\backslash$table$[[$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,$$],[$Factory administration,$],[$Total expenses,$]]$ Prepare 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 $($i$.$e$.,$ zero

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

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 $4,300$ labor$-$hours in March; however, it actually worked $4,100$ labor$-$hours during the

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

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.