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Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Requlred: Complete the Production Department's Flexible Budget Performance Report. Note: Indlcate

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Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Requlred: Complete the Production Department's Flexible Budget Performance Report. Note: Indlcate the effect of each varlance by selectlng "F" for fovorable, "U" for unfovorable, and "None" for no effect (l.e., zero verlance). Input all amounts as positlve values. Round "rate per hour" answers to 2 declmal places

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