A local medical clinic measures their activity on the number of patient-visits. Information for how monthly budgets are built is set forth below. Revenue should be $57.90 per patient-visit. Employee expenses should be $35,900 per month plus $16.00 per patientvisit. Medical supplies should be $2,200 per month plus $11.40 per patient-visit, Occupancy expenses should be $8,600 per month plus $3.00 per patient-visit Administrative expenses should be $4,100 per month plus $1.10 per patient-visit The clinic reported the following actual results for November: Patientvisits 2,820 Revenue $174,240 Personnel expenses $ 84,320 Medical supplies $ 36,240 Occupancy expenses $ 15,350 Administrative expenses $ 5,750 ' Required: Prepare a report showing the clinic's revenue and spending variances for November. Label each variance as 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.) I.e., zero variance). Input all amounts as positive values.) Laizure Clinic Revenue and Spending Variances For the Month Ended November 30 Flexible Actual Results Revenue and Budget Spending Variances Patient-visits 2,820 2,820 Revenue Expenses: Personnel expenses Medical supplies F Occupancy expenses None Administrative expenses U Total expense Net operating income