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 (1.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 Actu Flexible Results Spending Variances Budget 0.040 Activity Variances Labor hours (a) Planning Budget 0,160 10) $ 214,250 $ 1.600) $ 212.000 23.004 ($ 8,100 1,564 F 1.610U 1.104 U Direct labore Indirect labor Utilities Supplies Equipment depreciation Factory administration Total expense 9) 9) + 6,164 4,604 29,168 4.450 O None $ B2 400 $ 19,020 O None + $ 1.50 ) $367 316