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 Results Spending Variances Budget 9,660 9,660 Activity Variances Planning Budget 9,180 Labor-hours (9) $ $ 224,370 $ 20.130 $ Direct labor Indirect labor Utilities Supplies ($ 23.009) ( $ 7,600 + $ 8.300 $ 1,726 + 2,1900 1,960 F 1,630 U 568 U $ 222,180 $ 22,090 32,450 1.50 ) 2.509) 0.309) 11,040U 720U 1,200 U 144 U 211,140 21.370 31.250 4.480 + $ 34,080 5,192 $ 4.624 Equipment depreciation 82,900 0 None 82,900 0 None 82,900 82.900 Factory administration $ 19,060 + $ 1.709) 35,482 816U 34,666 Total expense $ 400,834 U