Ray Company provided the following excerpts from its Production Department's flexible budget performance report. (Round "rate per hour answers to 2 decimal places. Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values.) 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 Flexible Results Spending Variances Budget 9,550 Activity Variances Planning Budget 9,070 Labor-hours (9) Direct labor $ 169,205 $ 187,125 22.770 1.609) 1.474 F 1.520 U Id $ 7,200 + 672 U 19.898 19) 5,038 4,514 4,370 Indirect labor Utilities Supplies Equipment depreciation Factory administration Total expense ( 0 None * None 30.150) 18.840 + $ 1.804) | $ 330,689