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 38,000 Planning Budget 36,000 Variances Customers served Revenue ($4.9q) Expenses $187,200 $176,400 $10,800 F Wages and salaries ($37,500$1.7q) Supplies ($0.6q) Insurance ($14,500) Miscellaneous expense ($7,500$0.4q) 6,900 U 600 U 450 U 2.750 U 10,700 U $ 19,800 19,700 100 F 105,600 22,200 14,950 24,650 167,400 98,700 21,600 14,500 21,900 156,700 Total expense Net operating income Required Prepare the company's flexible budget performance report for December. Select each variance as favorable (F), unfavorable (U) or "None