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please answer req 1 and req 2 and req 3. Thank You. Exercise 9-16 (Static) Flexible Budgets in a Cost Center [LO9-1, LO9-2] Packaging Solutions

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Exercise 9-16 (Static) Flexible Budgets in a Cost Center [LO9-1, LO9-2] Packaging Solutions Corporation manulactures and sells o wide voriefy of pockaging products. Performance neports ore prepared menefily for each department. The planning budget and fexible budget for the Productian Department are based on the following formulas, where q is the number of laborheurs worked in a manth. The Production Department planoed to work 8,000 labor-hours in Marct; however, it actualy worked 8,400 lathor-hours during the menth, Its actual costs incurred in March are listed below. Pequired: 1. Prepare the Production Department's planining budget for the month. 2. Peephre the Production Deparments flewble budget for the month 3 Calcylute the spanding varunces for at expense hems Complete this question by entering your answers in the tabs below. 2. Prepare the Production Department's fexible budget for the month 3. Calculate the spending vartances for atl expense items? Complete this question by entering your answers in the tabs below. Prepare the Production Department's planning budget for the month. 2. Prepare the Production Department's flexble budget for the month. 3. Calculate the spending variances for alf expense items. Complete this question by entering your answers in the tabs below. Prepare the Production Department's flexible budget for the month. 2. Prepare the Productoon Departments fioxile budget for the menth. 3 Calculste the soending variances for all expense items Complete this question by entering your answers in the tabs below. for unfavprable, and Tone? for no effect (l.e.y rero variance). Input ail smounts as postive values.)

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