Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Actual Results Planning Budget Variances Customers served 28,000 27,000 Revenue (53.500) $ 97,909 $94,500 $3,400 F Expenses: Wages and salaries ($22,700 + $1.174) 55,460 54,290 1,170 U Supplies (50.574) 13,790 15,390 1,600 Insurance ($4,600) 4,600 4,600 None Miscellaneous expense (33,600 38.37) 11,990 13,590 1.600F Total expense 85,340 87,870 Net operating income $ 12,060 $ 6,630 $5,430F Required: Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (0) (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance). Input all amounts os positive values.) Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenue Actual and Flexible Activity Results Spending Budget Vacances Variances 28 000 28 ODD Planning Budget 27.000 Customer served Roven Expenses Required: Prepare the company's flexible budget performance report for November. 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 os positive values.) Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenue Actual and Flexible Activity Results Spending Budget Variances Variances 28,000 28,000 Planning Budget 27.000 Customer served Revenue Expenses Wagus and Salarios Supplies Insurance Miscellaneous expense Total penso Not operating income