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 Customer served 35,000 34,000 Revenue (53.509) $122,100 $119.000 $3,100F Expenses: Wages and salaries (523,400 51.240) 66,800 65,560 1,240 V Supplies (50.647) 19,560 21,760 2,200 F Insurance 55,300) 5,300 5,300 None Miscellaneous expense ($4,300 - 50.339) 13,320 15,520 2,200F Total expense 104.980 108) 140 3, 160 Net operating income $ 17,120 $.10.860 56,760 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 verlance by selecting "" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance). Input all amounts as positive values.) Bickel Corporation Flaciile ludget Performance Report For the Month Ended November 30 Revenue Ach and vlaste Activity Results spending Budget Variances Varas 35.000 35,000 5 122.100 5 4000 5 122.500 Planning Budget 34.000 Customer served Raven Expenses Waganda (Indicate the effect of each variance by selectin variance). Input all amounts as positive values.) Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenue Actual and Flexiblo Results Sponding Budget Variances 35,000 35,000 $ 122,100 $ 400 U $ 122,500 Activity Variances Planning Budget 34,000 Customers served Revenue Expenses Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income +