Business, 16.04.2020 20:37 AbigailHaylei

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 $4,100 + $2.10q
Utilities $5,500 + $0.30q
Supplies $1,300 + $0.20q
Equipment depreciation $18,500 + $3.00q
Factory rent $8,400
Property taxes $2,700
Factory administration $13,300 + $0.70q

The Production Department planned to work 4,200 labor-hours in March; however, it actually worked 4,000 labor-hours during the month. Its actual costs incurred in March are listed below:

Actual Cost Incurred in March
Direct labor $ 66,780
Indirect labor $ 12,100
Utilities $ 7,150
Supplies $ 2,350
Equipment depreciation $ 30,500
Factory rent $ 8,800
Property taxes $ 2,700
Factory administration $ 15,470

Prepare the Production Department's planning budget for the month

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Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Perform...