Problem $9-17($Algo$)$ Flexible Budget Performance Reports; Working Backwards $[$LO $9-1,9-2,9-3,9-4]$

Ray Company provided the following excerpts from its Production Department's flexible budget performance report.

Required: $\backslash (\backslash$square $\backslash )$

Complete the Production Department's Flexlble Budget Performance Report.

Note: Indicate the effect of each varlance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($I$.$e$.,$ zero varlance$).$ Input all amounts as positive values. Round "rate per hour" answers to $2$ decimal places.

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$\backslash$hline $\backslash$multicolumn$\{16\}\{|$c$|\}\{$Ray Company$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{16\}\{|$c$|\}\{$Production Department Flexible Budget Performance Report$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{16\}\{|$c$|\}\{$For the Month Ended August $31\}\backslash \backslash$

$\backslash$hline & & & & & & & $\backslash$multicolumn$\{2\}\{|$r$|\}\{$Actual Results$\}$ & $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Spending Variances$\}$ & Flexible Budget & $\backslash$multicolumn$\{2\}\{|$l$|\}\{$Activity Variances$\}$ & Planning Budget $\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{7\}\{|$l$|\}\{$Labor$-$hours $($q$)\}$ & & $9,580$ & & & & & & & $9,100\backslash \backslash$

$\backslash$hline Direct labor & & & $($q$)$ & & & & $\backslash (\backslash$$ $\backslash )$ & $185,130$ & $\backslash (\backslash$$ $\backslash )$ & $3,110$ & U & $\backslash$$ $182,020$ & & & $\backslash \backslash$

$\backslash$hline Indirect labor & & & $\backslash (+\backslash )$ & $\backslash (\backslash$$ $\backslash )$ & $1\mathrm{.}00$ & $($q$)$ & & & & $3,760$ & F & $17,100$ & & & $\backslash \backslash$

$\backslash$hline Utilities & $\backslash (\backslash$$ $\backslash )$ & $7,500$ & $\backslash (+\backslash )$ & & & $($q$)$ & & & & $1,550$ & U & & $816$ & U & $22,970\backslash \backslash$

$\backslash$hline Supplies & & & $\backslash (+\backslash )$ & & & $($q$)$ & & $5,080$ & & $536$ & U & $4,544$ & & & $4,400\backslash \backslash$

$\backslash$hline Equipment depreciation & $\backslash (\backslash$$ $\backslash )$ & $80,900$ & & & & & & & & $0$ & None & & $0$ & None & $\backslash \backslash$

$\backslash$hline Factory administration & $\backslash (\backslash$$ $\backslash )$ & $18,900$ & $\backslash (+\backslash )$ & $\backslash (\backslash$$ $\backslash )$ & $1\mathrm{.}90$ & $($q$)$ & & & & & & & & & $\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{7\}\{|$l$|\}\{$Total expenses$\}$ & & $345,648$ & & & & & & & $\backslash \backslash$

$\backslash$hline

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