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: Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Actual Results Planning Budget Variances Customers served 46,000 45,000 Revenue $3.600) $165,300 $162,000 $3,300 F Expenses: Wages and salaries ($24,500 + $1.359) 86,600 85,250 1,350 U Supplies ($0.759) 31,950 33,750 1,800 F Insurance ($6,400) 6,400 6,400 0 None Miscellaneous expense ($5,400 + $0.449) 23,400 25,200 1,800 F Total expense 148,350 150,600 2,250 F Net operating income $ 16,950 $ 11,400 $5,550 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 Flexible Budget Performance Report For the Month Ended November 30 Revenue Actual and Flexible Activity Results Spending Budget Variances Variances 46,000 46,000 Planning Budget Customers served 45,000 Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income