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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 4,300 labor-hours in March; however, it actually worked 4,100 labor-hours during the
month. Its actual costs incurred in March are listed below:
Requlred:
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, including both the spending and activity
variances.
Complete this question by entering your answers in the tabs below.
Required 1
Prepare the Production Department's planning budget for the month.
Packaging Solutions Corporation
Production Department Planning Budget
For the Month Ended March 31
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