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 $16.20q indirect labor $4,400 + $1.80q utilities $5,500 + $0.80q supplies $1,400 + $0.20q equipment depreciation $18,200 + $2.80q factory rent $8,100 property taxes $2,800 factory administration $13,500 + $0.90q the production department planned to work 4,300 labor-hours in march; however, it actually worked 4,100 labor-hours during the month. its actual costs incurred in march are listed below: actual cost incurred in march direct labor $ 67,980 indirect labor $ 11,320 utilities $ 9,330 supplies $ 2,470 equipment depreciation $ 29,680 factory rent $ 8,500 property taxes $ 2,800 factory administration $ 16,600 required: 1. prepare the production department’s planning budget for the month. 2. prepare the production department’s flexible budget for the month. 3. calculate the spending variances for all expense items.