Ray Company provided the following excerpts from its 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 (i.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 Flexible Activity Variances Planning Actual Spending Variances Spending Variances Labor-hours (q) 9.480 9,000 15-132720 S 21,640 Direct labor s 134730 q) $ 1,780 F Indirect labor Utilities Supplies 1.50 9) S12.800 S 4.300 6,500+ q) $ 1.450U s 336 U q) S4.940 S 4444 Equipment depreciation 01 None 01 None 78 400 18,700 Factory administration Total expense 1.90 9 288.088