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please fill out table below. Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Required: Complete the Production Department's Flexible

please fill out table below.

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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 (i.e., 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 Actual Flexible Planning Results Spending Variances Budget Activity Variances Budget Labor-hours (q) 9,680 9,200 Direct labor q) $ 234,530 $ 232,320 Indirect labor $ 1.50 q) 1,980 F 22,140 Utilities $ 8,500 1,650 U 1,296 U 33,340 Supplies 5,220 4.644 4.500 Equipment depreciation $ 83.400 0 None 0 None Factory administration 19.100 + $ 1.90 q) Total expense $ 415,748

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