36,000 customers, but actually served 34,000 customers. The company has provided the following data concerning the formulas it uses in its budgeting: Fixed element per month $ 37,000 Revenue Wages and salaries Supplies Insurance Miscellaneous expense Variable element per customer $ 3.81 $ 1.21 $ 0.51 $ 0.00 $ 3.41 $ 7,000 Required: Prepare a report showing the company's activity variances for October. Indicate in each case whether the variance is favorable (F) or unfavorable (U), (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.) Varriano Corporation Activity Variances For the Month Ended October 31 Flexible Planning Budget Budget 34.000 36.000 Activity Variances Customer served Revenue Expenses Wages and sales Supplies Insurance Miscellaneous expense Total expense