Ray Company provided the following excerpts from its Production Department's fiexible 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 Department's Fiexible Budgot Pertormance Report. Ray Company provided the following excerpts from its Production Department's fiexible 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 Department's Fiexible Budgot Pertormance Report