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 9,530 Activity Variances Planning Budget 0.050 Labor hours (g) 9) $ 150,305 $ 157,245 20,812 + $ 1.40) 2,206 F 1500 U 576 U Direct labor Indirect labor Utilidios Supplies Equipment depreciation eee ($ 7.000 17,860 4,350 5010 4,494 O None 0 None $ > 79 650 S 18 800 + $ 140 ) Factory administration $ 313 459 Total expense