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 (q) 9,610 9,130 Direct labor Indirect labor Utilities $ 7,800 Supplies Equipment depreciation 81,650 Factory administration + $ 1.20 (q) 18,960 Total expense $ 361,120 (a) $ 199,145 $ 197,005 +++ $ 1.30 (q) (q) 2,662 F 1,580 U 20,043 960 U 26,060 (q) 5,122 4,574 4,430 0 None 0 None