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Ray Company provided the following excerpts from its Production Department's flexiblo budgot performance report. Required: Complete the Production Department's Flexible Budget Performance Report. (indicate the

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Ray Company provided the following excerpts from its Production Department's flexiblo budgot 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 fi.e, rero variance). Input all amounts as positive values. Pound "rate per hour" answers to 2 decimal places.)

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