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Required 1 Required 2 Required 3 Prepare the Production Department's flexible budget performance report for March, including both the spending and activity variances. Note: Indicate

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Required 2
Required 3
Prepare the Production Department's flexible budget performance report for March, including both the spending and activity variances.
Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.
\table[[Packaging Solutions Corporation],[Production Department Flexible Budget Performance Report],[For the Month Ended March 31],[,\table[[Actual],[Results]],Spending Variances,\table[[Flexible],[Budget]],\table[[Activity],[Variances]],-dots,\table[[Planning],[Budget]]],[Labor-hours,3,900,,3,900,@?,,1],[Direct labor,$65,150,,,,,E],[Indirect labor,10,850,,,&,,],[Utilities,7,730,,,,,],[Supplies,1,920,,,,,],[Equipment depreciation,28,240,,,,,],[Factory rent,8,800,,,,,],[Property taxes,2,600,,t,,,],[Factory administration,15,600,,,,,],[Total expense,$,140,890,,,,,]]
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