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Ray Company provided the following excerpts from its Production Department's flexible budget performance report (Round rate per hour onswers to 2 decimal places. Indicate the

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Ray Company provided the following excerpts from its Production Department's flexible budget performance report (Round "rate per hour" onswers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, " U " for unfovorable, and "None" for no effect (iie., zero veriance). Input all amounts os positive volues.) Required: Complete the Production Department's Flexible Budget Performance Report. Ray Company provided the following excerpts from its Production Department's flexible budget performance report (Round "rate per hour" onswers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, " U " for unfovorable, and "None" for no effect (iie., zero veriance). Input all amounts os positive volues.) Required: Complete the Production Department's Flexible Budget Performance Report

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