Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of November: Customers served Revenue ($3.50g) Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Actual Results 25,000 $87,500 Planning Budget Variances 24,000 $84,000 $3,500 F Expenses: Wages and salaries ($22,400 + $1.14g) 50,900 49,760 Supplies ($0.54q) Insurance ($4,300) Total expense Net operating income 11,660 12,960 1,140 U 1,300 F 4,300 4,300 0 None Miscellaneous expense ($3,300 + $0.34q) 10,160 11,460 1,300 F 77,020 78,480 1,460 F $ 10,480 $ 5,520 $4,960 F 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 (Le, zero variance). Input all amounts as positive values.)