Question: answer the question and Fill in all the blanks. Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Required: Complete

answer the question and Fill in all the blanks.

Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Required: Complete the Production Department's Flexible Budget Performance Report. Note: 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. Round "rate per hour" answers to 2 decimal places. the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect nce). Input all amounts as positive values. Round "rate per hour" answers to 2 decimal places

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