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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
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 ie zero variance Input all amounts as positive values.
tablePackaging Solutions CorporationProduction Department Flexible Budget Performance ReportFor the Month Ended March tableActualResultsSpending Variances,tableFlexibleBudgettableActivityVariancesdots,tablePlanningBudgetLaborhours,@Direct labor,$EIndirect labor,&UtilitiesSuppliesEquipment depreciation,Factory rent,Property taxes,tFactory administration,Total expense,$
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