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 (i.e., zero variance). Input all amounts as positive values.) Production Department Flexible Budget Performance Report For the Month Ended August 31 03 55:23 Actual Flexible Spending Variances Activity Variances Planning 9.490 9,010 $ 140,825 S 137,805 $ 16,920 q) Direct labor Indirect labor Utilities Supplies Equipment depreciation( Factory administration18.720 Total expense S 3,670 F 4) q) 4) 4,954 1.00 6,600 S 384 U $13,808 4,310 S 1,460 U $ 4,454144 0 None 0 None 78,650 q) 1.00 $ 280,191