al_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASsBkEPsR3aNLcUdA8097x3qWb7KbnRBON IT2 i Saved ABC Co. bases its budgets on the number of customers served. During April, ABC planned to serve 32,500 customers, but the actual number is 27,500 customers. Revenue is $3.85 per customer served. Utilities are $34,600 per month plus $1.25 per customer served. Salaries are $0.55 per customer served. Insurance is $8,800 per month. Repairs are $6,900 per month plus $0.25 per customer served. Required: Prepare a report showing ABC's static budget variance for April. Indicate in each case whether the variance is favorable (F), unfavorable (U), or no effect (None). Use a minus sign for any losses. ABC Co. Static Budget Variance For the Month Ended April 30 Flexible Planning Budget Budget Static Budget Variance Customers served 27,500 32,500 Revenue Expenses Utilities Salaries Insurance Repairs Total expense Net operating income (loss) Next SAMSUNG