Question: Problem 9-17 (Static) Flexible Budget Performance Reports; Working Backwards [LO 9-1, 9-2, 9-3, 9-4] Ray Company provided the following excerpts from its Production Depatment's fexible

Problem 9-17 (Static) Flexible Budget Performance Reports; Working Backwards [LO 9-1, 9-2, 9-3, 9-4] Ray Company provided the following excerpts from its Production Depatment's fexible budget performance report. Required: Complete the Production Departmenrs Fiexible Budget Performance Report. Note: Indicate the effect of each variance by selecting "F" for favorable, " U for unfovorable, and "None" for no effect (le.., xero variance). Input all amounts as positive values. Round "rate per hour" answers to 2 decimal places

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