Arrasmith Corporation uses customers served as its measure of activity. During February, the company budgeted for 35,400 customers, but actually served 31,600 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $3.90q Wages and salaries: $33,600 $1.22q Supplies: $0.62q Insurance: $10,800 Miscellaneous expenses: $6,800 $0.34q The company reported the following actual results for February: $127,808 68,498 S 14,888 s 19,898 s19,79e Revenue Wages and salaries Supplies Insurance Miscellaneous expense Requlred: Prepare the company's flexible budget performance report for February. 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 neffect (l.., zero varlence). Input all amounts as positive velues.) Flexible Budget Performance Report For the Month Ended February 28 Revenue and ActualSpending Results Variances Planning Budget Flexible Activity Budget Variances Customers served 31,600 31.800 35,400 S 123.240 S 127.800 Expenses Wages and salaries Supplies Miscellaneous expense Total expense Net operating income