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

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Accounting

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

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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. $)$ Ray Company

Production Department Flexible Budget Performance Report

For the Month Ended August $31$

$\$ table $[[$ Labor $-$ hours $($ q $), \$ table $[[\$ table $[[$ Actual $], [$ Results $]]], [9, 620]],$ Spending Variances, $\$ table $[[$ Flexible $], [$ Budget $]],$ Activity Variances, $\$ table $[[\$ table $[[$ Planning $], [$ Budget $]]], [9, 140]]], [,,,], [$ Direct labor,, $($ q $),,,,$ $ $204, 170,,,$ $ $202, 020,,,], [$ Indirect labor,, $+,$ $ $, 1.40, ($ q $),, 2, 296, F, 21, 028,,,], [$ Utilities $,$ $ $7, 900, +,,, ($ q $),, 1, 590,$ U $,, 1, 008,$ U $, 27, 094], [$ Supplies $,, +,,, ($ q $), 5, 136,,, 4, 584,,, 4, 440], [$ Equipment depreciation, $\$ table $[[$ $

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