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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.
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.)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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