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 Results Spending Variances Flexible Budget Activity Variances Planning Budget Labor-hours (a) 9,490 9,010 Direct labor (a) $ 140,625 $137,606 UMA RELATE Indirect labor + $ 1.00 (a) Utilities $ 6,600 + (a) 3,670 F 1,460 U 16,920 384 U 13,808 Supplies + (a) 4,954 4.454 4,310 $ Equipment depreciation 0 None 0 None 78,650 Factory administration $ + $ 18,720 1.00 (a) Total expense $ 280,191