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Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Required: Complete the Production Department's Flexible Budget Performance Report. ( Indicate

Ray Company provided the following excerpts from its Production Department's flexible budget performance report.
Required:
Complete the Production Department's Flexible Budget Performance Report. (Indicate the effect of each variance by selecting "F"
favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Round "rate p
hour" answers to 2 decimal places.)Ray Company provided the following excerpts from its Production Departments flexible budget performance report.
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