Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the ac operating results for the month of November. Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Actual Results Planning Budget Variances Customers served 40, 000 39,000 55 Revenue ($3.40q) $136, 000 $132, 600 $ 3, 400 F Expenses: Wages and salaries ($23,900 + $1. 29q) 75, 500 74, 210 1, 290 U Supplies ($0. 69q) h 24, 210 26,910 2, 700 F Insurance ($5, 800) 5, 800 5,800 0 None Miscellaneous expense ($4, 800 + $0. 38q) 16, 920 19, 620 2, 700 F Total expense 122, 430 126 , 540 4, 110 F Net operating income $ 13, 570 $ 6,060 $ 8, 010 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 (i.e., zero variance). Input all amounts as positive values.) Bickel Corporation