Cicchetti 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 December:

Cicchetti Corporation Comparison of Actual Results to Planning Budget For the Month Ended December 31
	Actual Results			Planning Budget			Variances
Customers served		38,000			34,000
Revenue ($4.6q)	$	175,100		$	156,400		$	18,700		F
Expenses:
Wages and salaries ($36,100 + $1.4q)		91,400			83,700			7,700		U
Supplies ($0.7q)		26,000			23,800			2,200		U
Insurance ($13,100)		13,400			13,100			300		U
Miscellaneous expense ($6,100 + $0.4q)		22,550			19,700			2,850		U
Total expense		153,350			140,300			13,050		U
Net operating income	$	21,750		$	16,100		$	5,650		F

Required: Prepare the company's flexible budget performance report for December. Select each variance as favorable (F), unfavorable (U) or "None".

Cicchetti Corporation
Flexible Budget Performance Report Part 1
For the Month Ended December 31
	Actual Results	Revenue and Spending Variances		Flexible Budget
Customers served
Expenses:
Total expenses	0	0		0
Net operating income

Cicchetti Corporation
Flexible Budget Performance Report Part 2
For the Month Ended December 31
	Flexible Budget	Activity Variances		Planning Budget
Customers served
Expenses:
Total expenses	0	0		0
Net operating income