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.) Actual Activity Variances Planning Budget 9,130 Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Flexible Results Spending Variances Budget 9,610 $ 199,145 $ 197,005 $ 1.30 ) 2,662 F 20.043 9) 1,580 U 9) 5,122 4,574 9) Labor-hours (9) Direct labor Indirect labor Utilities Supplies Equipment depreciation + $ 7,800 + 960 U 26,060 4,430 + ) 0 None 0 None $ 81,650 $ 18,960 Factory administration + $ 1.209) Total expense $361,120