Arrasmith Corporation uses customers served as its measure of activity. During February, the company budgeted for 36,200 customers, but actually served 27,800 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

Revenue: $4.70q

Wages and salaries: $34,400 + $1.46q

Supplies: $0.86q

Insurance: $11,600

Miscellaneous expenses: $7,600 + $0.42q

The company reported the following actual results for February:

Revenue Wages and salaries Supplies Insurance Miscellaneous expense $143,800 69,200 15,600 11,600 23,700 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 Actual ResultsVariances Revenue and Spending Flexible Activity BudgetVaraiances Planning Budget Customers served 27,800 27,800 36,200 Revenue Expenses Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income