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