Ray Company provided the following excerpts from its Production Department's flexible budget performance report Required: Complete the Production Departments 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 Departemente det humance Heport For the died at 31 Pag 9.000 9 400 Labor hours to $ 147301 $132.720 21 640 ces al $ 150 Direct label Indirect labor Us 336 0 1780 F 14500 12800 4300 5 6.500 eee 4444 4900 None None Equipment direction Fadiery drain Total expense . 3 76400 > $ . 16200 3190 $ 2006