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 November:

Cicchetti Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30
	Actual Results		Planning Budget		Variances
Customers served		31,000		30,000
Revenue (3.50q)	$	108,000	$	105,000	$	3,300	F
Expenses:
Wages and salaries ($23,000 + $1.20q)		60,200		59,000		1,200	U
Supplies ($0.60q)		16,100		18,000		1,900	F
Insurance ($4,900)		4,900		4,900		0	None
Miscellaneous expense ($3,900 + $.40q)		14,000		15,900		1,900	F
Total expense		95,200		97,800		2600	F
Net operating income	$	13,100	$	7,200	$	6,400	F

Required:

Prepare the company's flexible budget report for November. Label each as Favorable (F) or Unfavorable (U).

	Actual Results	Revenue and Spending Vaiances		Flexible Budget	Activity Variances		Planning budget
Customers Served	31,000			31,000
Revenue
Expenses
Wages and salaries
Supplies
Insurance
Misc Expenses
Total Expense
Net operating income