Check my wol Problem 9-19 Flexible Budget Performance Reports; Working Backwards (L09-1, LO9-2, LO9-3, LO9-4) Ray Company provided the following excerpts from its Production Department's flexible budget performance report. (Round "rate per hour answers to 2 decimal places. 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.) Required: Complete the Production Department's Flexible Budget Performance Report Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Actual De Flexible Activity Variances Spending Variances Spending Variances Results Budget 9490 Labor hours (g) $ 140 6251 IS 137 505 16,920 $1.000) U Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory administration Total expense MacBook Air