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Ray Company provided the following excerpts from its Production Departments flexible budget performance report. (Round rate per hour answers to 2 decimal places. Indicate the

Ray Company provided the following excerpts from its Production Departments 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.)

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Problem 9-19 Flexible Budget Performance Reports; Working Backwards [LO 9-1, 9-2, 9-3, 9-4] Ray Company provided the following excerpts from its Production Department's flexible budget 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.) ce report. (Round "rate per Production Department Flexible Budget Performance Report For the Month Ended August 31 Results Spending Variances Flexible Activity VariancesPlanning Labor-hours (q) 9,660 9,180 Direct labor Indirect labor Utilities Supplies Equipment depreciation( Factory administration Total expense $ 224,370 S 222,180 1.960 F q) q) q) 5.192 S 22,090 1.50 8,300+ $ 1.630 U S 1.200 U 31,250 S4.624 $ 4.480 0 None 0 None 82,900 q) 19,060 1.70 $ 400,834

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