Packaging Solutions Corporation manuffactures and sells a wide variely 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 momth. Its actual costs incurred in Marchare listed below: Required: 1 Prepare the Production Deportment's planning budget for the month. 2 Prepare the Production Department's flexible budget for the month. 3. 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. Prepare the Production Department's planning budget for the month. 3. 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. 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. (Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect ( 1.e, , zero variance). Input all amounts as positive values.)