1. Pay linic uses patient-visits as its measure of activity. The following report compares the planning budget to the actual operating results for the month of January: Paye Clinic Comparison of Actual Results to Planning Budget For the Month Ended January 31 Actual Planning Results Budget Variances Patient-visits 3,600 3,900 Revenue ($33.50q) $120410 $130,650 $10,240 U $30,800+ $10.60q)2 100 S540). 69.99072.1 Medical supplies ($2,100 $5.40g) 21,990 23,160 1,170F 470 F Occupancy expenses (7,600$1.20q) 11,810 2,280 6,770 707 Administrative expenses ($5,900+$0.30q).. Total expense Net operating income 110560 114650 4090 F S 16,000 $6 150U Required Prepare the clinic's flexible budget performance report for January. Label each variance as favorable (F) or unfavorable (U)