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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 varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). 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 Flexible Results Spending Variances Budget 9.490 Activity Variances Planning Budget 9,010 Labor-hours (9) Direct labor 9) $ 140,625 $137.605 18.920 $ 1.00 ) 3,6701F Indirect labor Utilities (S 6,600 + 9) 1,460 U 13,808 384 U 4,454 4.3 10 + 4,954 9 Supplies Equipment depreciation 0 None 0 None 78,650 Factory administration $ 1.009) 18.720 $ 280,191 Total expense