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 Flexible Activity Variances Planning ices Results Spending Variances Budget Budget Labor-hours (q) 9,620 9,140 Direct labor (q) $ 204,170 $ 202,020 Indirect labor + $ 1.40 (q) 2,296 F 21,028 Utilities $ 7,900 + 1,590 U 1,008 U 27,094 Supplies (q) 5,136 4,584 4,440 Equipment depreciation $ 81,900 0 None 0 None Factory administration $ 18,980 + $ 1.30 (q) Total expense $ 369,836