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, a None" for no effect (l.e., zero variance). Input all amounts as positive values.) Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Planning Actual Results Spending Variances Spending Variances Flexible Activity Variances Bud 9,080 9,560 Labor-hours () $ 174,170 S 172,080 Direct labor Indirect labor Utilities Supplies q) S 1,108 F $ 1,530U g) $ 23,752 1.70 20,920 4,380 7,300 g) $ 720 U $4,524 S 144 a) S5,052 Equipment depreciation80, None 0 None Factory administration | (| -18,860| + | 70q) Total expense $ 339,328