Injured Jets Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $65.90 per patient-visit. Personnel expenses should be $36,700 per month plus $16.80 per patient- visit Medical supplies should be $3,000 per month plus $12.20 per patient-visit. Occupancy expenses should be $9,400 per month plus $7.00 per patient-visit. Administrative expenses should be $4,900 per month plus $5.10 per patient-visit The clinic reported the following actual results for November: Patient-visits Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses 2,900 $214,240 $ 92,320 $ 42,640 $ 21,750 $ 12,150 Required: Prepare a report showing the clinic's revenue and spending variances 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 (.e., zero variance). Input all amounts as positive values.) Injured Jets Clinic Revenue and Spending Variances For the Month Ended November Actual Results Flexible Budget 2.900 2.900 Revenue and Spending Variances Patient-visits Revenue Expenses Personnel avances Required: Prepare a report showing the clinic's revenue and spending variances 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 (i.e., zero variance). Input all amounts as positive values.) Revenue and Spending Variances Injured Jets Clinic Revenue and Spending Variances For the Month Ended November 30 Flexible Actual Results Budget Patient-visits 2,900 2,900 Revenue Expenses: Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expense Net operating income