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 favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Actual Results FlexibleA Budget Planning Budget Spending Variances Activity Variances Labor-hours (q) 9,580 9,100 S 185,130 S 182,020 Direct labor Indirect labor Utilities Supplies Equipment depreciation( Factory administration Total expense q) S 3,760 F S 17,100 1.00 S 7,500+ q) q) S5,080 816 U 144 S 1,550 U 22,970 S 4,544 S 4,400 01 None 01 None 80,900 18,900 S 345,648