Hello,

Please complete the Production Department's Flexible Budget Performance Report. Please show how the answer is computed. Thanks

Ray Company provided the following excerpts from its 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). lnput all amounts as positive values. Round "rate per hour" answers to 2 decimal places.) Required: Complete the Production Department's Flexible Budget Performance Report. Q Answer is not complete. Labor-hours (q) 9,480 9,000 Direct labor ( q) 8 134,730 $ 132,720 Indirect labor ( + $ 1.50 q) 1,780 F 21,640 Utilities ( $ 6,500 + q) 1,450 U 336 U 12,800 Supplies ( + q) 4,940 4,444 4,300 Equipment $ depreciation ( 78,400 ) 0 None 0 None Factory 3; administration ( 18,700 + $ 1'90 '1) Total expense $ 288,088