Help Save & Exit Submit Check my work 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 Flexible Results Spending Variances Budget 9,630 Activity Variances Planning Budget 9,150 Labor-hours (9) 9) $ 209,205 Direct labor Indirect labor $ 207.045 22,015 . + $ 1.509) 1,930F 1,600 U 1,056 U 28,130 4,450 ( $ 8,000 + elele 4,594 5,150 + Utilities Supplies Equipment depreciation 0 None O None $ 82,150 $ 19.000 $ 1.40 9) Factory administration $ 378,568 Total expense