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Ray company provided the following excerpts from its production deparment's flexible budget performance report. that's all Ray Company provided the following excerpts from its Production

Ray company provided the following excerpts from its production deparment's flexible budget performance report. image text in transcribed
that's all
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 Results Spending Variances Budget 9,640 Activity Variances Planning Budget 9,160 Labor hours (9) a) $ 214,250 $ 212,080 23,004 + $ 1,584 F 1,610 U (8,100 1.609) 9) 9) + 1,104 U 29,168 4,400 + 5,164 4,604 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory administration Total expense ( O None O None $ 82,400 $ 19,020 . $ 1.50 ) $ 387,316

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