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Required: 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

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Required: 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 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 (i.e., zero variance). Input all amounts as positive values.) Acompany manufactures and sells a wide variety of 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 o labor-hours worked in a month: The Production Department planned to work 4,100 labor-hours in March; however, it actually worked 3,900 labor-hours during the month. Its actual costs incurred in March are listed below: Required: Prepare the Production Department's flexible budget performance report for March, including both the spending and activity variances

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