Check my work 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.) points Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Skipped Actual Spending Variances Bud Results Flexible Activity Variances Budge Planning eBook Labor-hours (q) 9,550 9,070 Print q) $ 169,205 S 167,125 S 22,770 Direct labor Indirect labor Utilities Supplies $1,474 F $1,520 U 1.60) 19,898 4,370 7,200+ q) q)5,038 672 U 144 S 4,514 S t depreciation80,150 0 None 01 None Factory administration q) 18,840 1.60 Total expense $ 330,689 Reference links