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.) points Ray Company Production Department Flexible Budget Performance Report For the Month Ended August 31 Actual ResultsSpending Variances Flexible Flexible Activity Variances Budget eBook Budget Labor-hours (q) 9,640 9,160 Print q) $ 214,250 $ 212,080 Direct labor Indirect labor Utilities Supplies Equipment depreciation82 Factory administration Total expense 4) q) q) 5,164 1,564 F $ 1,610 U $ 23,004 1.60 References 29,168 4,460 8,100+ 1,104U 144 $4,604 $ 0 None 0 None 19,020 1.50 9) s 387,316