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:
Bickel Corporation
Comparison of Actual Results to Planning Budget
For the Month Ended November
Actual Results Planning Budget Variances
Customers served
Revenue $q $ $ $ F
Expenses:
Wages and salaries $ $q U
Supplies $q F
Insurance $ None
Miscellaneous expense $ $q F
Total expense F
Net operating income $ $ $ F
Required:
Prepare the company's Comprehensive Performance Report for November. Label each variance as favorable F or unfavorable UIndicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero variance Input all amounts as positive values.
