Complete the Production Departments Flexible Budget Performance Report. (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. Round "rate per hour" answers to 2 decimal places.)

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 (i.e., zero variance). Input all amounts as positive values. Round "rate per hour" answers to 2 decimal places.) Activity Variances Planning Budget 9,170 Labor-hours (9) Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Actual Flexible Spending Variances Results Budget 9,650 $ 219,305 $ 217,125 $ 1.70|(9) 1,198 F 23,995 (9) 1,620 U (a) 5,178 4,614 Direct labor (9) Indirect labor + Utilities $ 8,200 1,152 U ++ 30,208 4,470 Supplies Equipment depreciation 0 None 0 None $ 82,650 $ 19,040 Factory administration + $ 1.60 (9) Total expense $ 396,080