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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 (le, zero variance). Input all amounts as positive values. Round "rate per hour" answers to 2 decimal places.) ook Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Actual Flexible Results Spending Variances Budget 9,550 9,550 nnt Activity Variances Labor-hours (9) Planning Budget 9,070 + $ 160,720 rences $ 17.721 ) $ 7,490 ($ 7,200 $ 169,205 21,296 1.600) $ 167,125 22,770 $ U 1,474 F 1,52010 U + Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory administration 9) U 6720 U 19,898 4,370 + 9) 5,038 4,514 ( O None O None 3 80 150 $ 18.840 + $ 1.609) F U Total expense $ 330,689 U U