1 Ray Company provided the following excerpts from its Production Department's flexible budget performance report. 25 Doints Required: Complete the Production Department's Flexible Budget Performance Report. (Indicate the effect of each variance by selecting "F" favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts os positive values. Round "rate per hour answers to 2 decimal places.) CI 1 1 5 into Labor hours (9) 9,670 Budo 9.190 9) 5 229.445 etlook + 5 1600) $ 227 245 23,082 1,594 F 1,640 U Print 5 8,400 4 9) 1.248 U Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory administration + 32,294 4.490 References 5,206 4.634 2 O None None $ 83,150 5 19.080 + $ 1 800) Total expense $ 409.627