Packaging Solutions Corporation manufactures and sells a wide varlety 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 $q$ ls the number of labor$-$hours worked in a month:

The Production Department planned to work $8,000$ labor$-$hours In March; however, It actually worked $8,400$ 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 varlances for all expense Items.

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