Study Mode: Chapter 9 Problem 17 i 1 10 points eBook Print References 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 Department's flexible budget performance report. Required: Complete the Production Department's Flexible Budget Performance Report. Note: 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. Round "rate per hour" answers to 2 decimal places. Labor-hours (q) Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory administration Total expenses $ 6,500 (q) + + + $ 78,400 $ 18,700 + Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 $ $ 1.50 (q) (q) (q) 1.90 (q) $ $ Actual Results 9,480 134,730 4,940 Saved 288,088 Spending Variances 1,780 F 1,450 U 0 None Flexible Budget $ 132,720 21,640 4,444 Activity Variances 336 U 0 None Planning Budget 9,000 12,800 4,300

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 Department's fexible budget performance report. Required: Complete the Production Department's Flexible Budget Performance Report. Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values. Round "rate per hour" answers to 2 decimal places. 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 Department's flexible budget performance report. Required: Complete the Production Department's Flexible Budget Performance Report Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values. Round "rate per hour" answers to 2 decimal places