Packaging solutions corporation manufactures and sells a wide variety 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: cost formulas direct labor $16.30q indirect labor $4,600 + $1.80q utilities $5,600 + $0.40q supplies $1,700 + $0.40q equipment depreciation $18,700 + $3.00q factory rent $8,000 property taxes $2,800 factory administration $13,300 + $0.80q the production department planned to work 4,500 labor-hours in march; however, it actually worked 4,300 labor-hours during the month. its actual costs incurred in march are listed below: actual cost incurred in march direct labor $ 71,670 indirect labor $ 11,880 utilities $ 7,790 supplies $ 3,710 equipment depreciation $ 31,600 factory rent $ 8,400 property taxes $ 2,800 factory administration $ 16,130

required:

1. prepare the production departmentâs planning budget for the month.

2. prepare the production departmentâs flexible budget for the month.

3. prepare the production departmentâs flexible budget performance report for march, including both the spending and activity variances.