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 Blekel Corporation Comparison of Actual results to Planning Budget Tor the Month Ended November 30 Actual Results Flanning Budget Variances 46,000 45,000 5165,300 5162.000 32.300 Customer served Revenge (53.6697 Expenses Wages and salaries ($24,500 $1.3591 Supplies (50.759) Toaurange ($6,400) Miscellaneous expense (55,400 + $0.44 Total expense Net operating Iron 86,600 31.950 6.400 23,400 180.3150 $ 16,950 85.250 33,250 6,400 25.200 150.600 1.350 U 1.000 None 1.800 2.250 55.550 $ 11,400 Required: Pre 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 (l.e., zero variance). Input all amounts as positive values.) Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenge Actual Flexible Activity Results Spending Budget Variances Variances 46,000 46.000 $165.300 $165.600 and Planning Budget 45.000 Customer served Revenue Expenses Wages and salaries Supplies 02.100 34.500 6.400 Insurance 62.100 31.950 6 400 18,000 148.350 38.950 20.240 Macellaneous expense Total expense Net operating Income 153 140 $ 12.450 MacBook Pro 888