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 Spending Variances Results Budget 9,570 Activity Variances Planning Budget 9,090 Labor-hours (q) Direct labor a) $ 179,145 $ 177,045 21,865 Indirect labor + $ 1.50 9) 1,870 F 1,540 U Utilities ( $ 7,400 + 768 U q) 9) 21,944 4,390 Supplies + 5,066 4,534 Equipment depreciation 80,650 D. 0 None 0 None Factory administration ( + $ 1.80 q) 18,880 Total expense $ 343,984