26 Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of November, BAT Bicket Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30- Customers served Revenue ($3.60q) Expenses: Wages and salaries ($23,000+ $1.20q) Supplies ($0.50q) Insurance ($ 6,500) Miscellaneous expense ($5,300 + $0.40q) Total expense Net operating income Actual Results Planning Budget 25,120 25,800 $ 89,700 $ 93,200 49,700 13,800 6,400 12,700 80,200 $7,100 54,600 13,300 6,500 16,900 89,700 $5,900 Variances $5,100 100 F 1,300 U 100 None 3,400 F 6,300 F $2,000 F Required: Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U). Note: 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.
operating results for the month of November Required: Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U) Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zer variance). Input all amounts as positive values 
