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 $4,000 + $2.109 $5,400 + $0.709 $1,600 + $0.109 $18, 200 + $2.809 $8,100 $2,600 $13,300 + $0.709 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: Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Actual Cost Incurred in March $ 66,380 $ 11,790 $ 8,660 $ 2,220 $ 29,120 $ 8,500 $ 2,600 $ 15,400 Prepare the Production Department's planning by Packaging Solutions Corporation Production Department Planning Budget For the Month Ended March 31 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Total expense 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 Packaging Solutions Corporation Spending Variances For the Month Ended March 31 Actual Results Spending Variances Flexible Budget Labor-hours 3,900 Direct labor $ 66,380 Indirect labor 11,790 Utilities 8,660 2.220 29.120 Supplies Equipment depreciation Factory rent Property taxes Factory administration 8,500 2.600 15.400 Total expense $ 144.670