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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

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:
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:
Required:
Prepare the Production Department's planning budget for the month.
Prepare the Production Department's flexible budget for the month.
Calculate the spending variances for all expense items.
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