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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

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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 variance by selecting " F " for fovorable, " U " for unfovorable, ond "None" for no effect (i.e., zero veriance). Input all amounts os positive values.) 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" answers to 2 decimal places. Indicate the effect of each variance by selecting " F " for fovorable, " U " for unfovorable, ond "None" for no effect (i.e., zero veriance). Input all amounts os positive values.) Required: Complete the Production Department's Flexible Budget Performance Report

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