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 Flexible Spending Variances Budget Planning Budget Activity Variances Labor-hours(q) 9,610 9,610 9,130 $ 20.50|q) 7,550S Direct labor Indirect labor Utilities Supplies Equipment depreciation( Factory administration Total expense S 199,145 S 2,140 S 197,005 S 9,840 S 20,043S S 27,020S960 U S 4,574 S S 81,650S S 30,492 S 360,784 s 187,165 19,419 26,060 4,430 0 None S 81,650 1.30 2.00 17,381S 2,662F 28,600 S 1,580 U 624 U 7,800| + q) S5,122 144 81,650 S 81,650S 0 None q) 18,960 S 361,120