Ray Company provided the following excerpts from its Production Departments flexible budget performance report. (Round "rate per hour" answers to 2 decimal places. 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.)

Required:

Complete the Production Departments 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)						9,540			9,540			9,060
Direct labor	(	$17.00	q)			$164,250	$2,070	U	$162,180	$8,160	U	$154,020
Indirect labor	(		+	$1.50	q)	19,950	1,840	F	21,790		U
Utilities	(	$7,100	+		q)		1,510	U		624	U	18,878
Supplies	(		+		q)	5,024		U	4,504		U	4,360
Equipment depreciation	(	$79,900	)				0	None		0	None
Factory administration	(	$18,820	+	$1.50	q)			F			U
Total expense						$322,066		U			U