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 Answer is not complete. Production Department Flexible Budget Performance Report For the Month Ended August 311 Actual Spending Results Variances Flexible Budget Activity Variances Planning Budget Labor-hours (q) Direct labor Indirect labor 9,670 9,190 $23.50 (a) $7,610 $229,445 $ 2,200 U $227,245 $ 11,280 U 215,965 $ 1.60 (a) 24,676 1,594 F 23,082 768 U 22,314 Utilities Supplies $8,400 $1,733 + + $ 2.60 (a) 35,182 1,640 U 33,542 1,248 U 32,294 $ 0.30 (4) 5,206 572 U 4,634 144 U 4,490 Equipment $ 83,150 0 None 83,150 None 83,150 depreciation 83,150 Factory administration $ $ 1.80 (a) 31,368 4,518 F 19,080 Total expense $409,627 $ 1,700 U 00 36,486 864 U $ 408,139 $14,304 U 00 35,622 $ 393,835