Arrasmith Corporation uses customers served as its measure of activity. During February, the company budgeted for $36,300$ customers, but actually served $27,700$ customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

Revenue: $$4\mathrm{.}80q$

Wages and salaries: $$34,500+$$$1\mathrm{.}49q$

Supplies: $$0\mathrm{.}89$ q

Insurance: $$11,700$

Miscellaneous expenses: $$7,700+$$$0\mathrm{.}43q$

The company reported the following actual results for February:

Revenue

Wages and salaries

supplies

Insurance

Miscellaneous expense

$$145,800$

$$69,300$

$$15,700$

$$11,700$

$$24,200$

Required:

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 no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.$)$

Arrasmith Corporation

Flexible Budget Performance Report

For the Month Ended February $28$