ay Company provided the following excerpts from its Production Department's flexible budget performance report quired: Emplete the Production Department's Flexible Budget Performance Report. (Indicate the effect of each variance by selecting "F" for orable. "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts as positive values. Round "rate per ur" answers to 2 decimal places.) Answer is not complete. Ray Company Production Department Flexible Bladet Performance Report For the Month Ended August 31 Actual Spending Flexible Results Variances Budget 9.480 9.400 3 Activity Variances Planning Budget 9,000 or hours (9) u s ( et labor rect labor es $ 141) $ 7.540+ $6,500 $ 1,060 5 78.400 ) 15 18,700 $ 132,720 21.640 13 136 4.444 $ 1.50 $ 0.7119) $ 0.36 19) + $ 5,640 X U U 336 U U 127,080 X 21.040 12,800 4,300 Pplies $ 134.730 15 2010 19.860 1.780 F 14.586 1.450 4940 4,940 U 4,940 X 0 None 35,4843 1,076 & F S 288,088 $ 1,1000 > 78 400 0 None 78,400 ipment ediation fory inistration el expense $ 1.90 + 9 > * * > > 36,560 760 U $ 286,900 $ 7480 U 35,800 279,420 $ Other bookmans 9. Assignment Stved Help Save & Exit Submit Check my work 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 (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. Round "rate per hour" answers to 2 decimal places.) Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Act Spending Varianos Flexible Results Hudget 9.480 9,400 Activity Vances Bude 9,000 Labor-hours (9) $ $ Direct labor Indirect labor Utilities Supplies Equipment depreciation 5 149) $ 7.540 + $ 6,500 + $ 1,060 + $ 78 400 $ 18,700 $ 1.50 ) $ 0.719) $ 0.36) 134.730 $ 19.860 14,586 4,940 2010U 1,780 F 1,4500 4.9400 $ 132,7205 21,640 13,136 4.444 78.400 5 6400 ru 336 U JU 127.000 21,040 12.800 4,300 + 4,940 0 None O None 78.400 35,484 35,800 51.909) Factory administration 1,076 F 1.100 36,560 $ 286,900 $ 7600 7.480 U S 279.420 $ Total expense 288,088 $