Question: Need help on this don't know where to start. It is for optional extra credit practice assignment. Thank you! Ray Company provided the following excerpts

Need help on this don't know where to start. It is

Need help on this don't know where to start. It is for optional extra credit practice assignment. Thank you!

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

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