Problem 9-19 Flexible Budget Performance Reports; Working Backwards (LO9-1, 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 (ie, 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 Spending Variances Flexible Results Budget 9,580 Activity Variances Planning Budget 9,100 Labor-hours (a) $ 165.130 182,020 17.100 100 g) 3.760 F $ 7.5001 1.550 U 816 U 22 970 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory administration 5.080p 4,544 4.400 0 None $80.900 $18.900 + $ 1.90 a) Total expense $ 345.6481