Arrasmith Corporation uses customers served as its measure of activity, During February, the company budgeted for 36.000 q is the nimber of customers served Revenue: 54.50q Revvenue: $4,50q Woges and salarles: $34,200+51,40a Wuppllest 50 . 80q insurance: $11,400 Miscellaneous expenses: 57.400+50.40q The company reported the following actual fesults for February: Required: Srepare the company'y 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 (R.e., zero ariance). Input all amounts as positive values.) Required: Prepare the company's flexible budget performance report for February. Labet 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 (L,e., zero variance). Input all amounts as positive values.)