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.

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)						9,550						9,070
Direct labor	(		q)			$169,205			$167,125
Indirect labor	(		+	$1.60	q)		1,474	F	22,770
Utilities	(	$7,200	+		q)		1,520	U		672	U	19,898
Supplies	(		+		q)	5,038			4,514			4,370
Equipment depreciation	(	$80,150	)				0	None		0	None
Factory administration	(	$18,840	+	$1.60	q)
Total expense						$330,689