Ray Company provided the following excerpts from its Production Departments flexible budget performance report.

Required:

Complete the Production Departments Flexible Budget Performance Report. (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. Round "rate per hour" answers to 2 decimal places.)

1 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" for favorable, "U" for unfavorable, and "None" for no effect i.e., zero venience). Input all amounts os positive values. Round rate per hour answers to 2 decimal places.) BOOK Activity Variances Plurang Budget 9,000 Print Ray Company Production Department Flexible Butiget Performance Report For the Month Ended August 31 Actual Flexible Results Spending Variances Buduet 9,570 $ 179, 145 $177,045 $150 (0 1870F 21.865 ( 1540U ( 4.534 O None (9) ferences 7680 $ 7.400 ee 21 4390 5,056 Labor-hours () Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory administration Total expense o None $ 80 650 $ 18 880 $ 1 800) $ 343 984