Question: Required ( 1 - 3 ) : 1 . Prepare the Production Department's planning budget for the month . 2 . Prepare the Production Department's

Required (1-3): 1. Prepare the Production Department's planning budget for the month.2. Prepare the Production Department's flexible budget for the month.3. Prepare the Production Department's flexible budget performance report for March.
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Its Production Department's planning budget and flexible budget are based on the following formulas, where q is the number of labor-hours worked in a month:
\table[[,Cost Formulas],[Direct labor,$16.40q],[Indirect labor,$4,200 $1.50q
Required ( 1 - 3 ) : 1 . Prepare the Production

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