Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $63.90 per patient-visit. Personnel expenses should be $36,500 per month plus $16.60 per patient-visit. Medical supplies should be $2,800 per month plus $12.00 per patient-visit. Occupancy expenses should be $9,200 per month plus $6.00 per patient-visit. Administrative expenses should be $4,700 per month plus $4.10 per patient-visit. The clinic reported the following actual results for November: Patient-visits Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Required: 2,880 $ 204,240 $ 90,320 $ 41,040 $ 20,150 $ 10,550 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.) Patient-visits Revenue Expenses: Laizure Clinic Revenue and Spending Variances For the Month Ended November 30 Revenue and Spending Actual Results Flexible Budget Variances $ 2,880 204,240 $ 2,880 184,032 $ 20,208 F Personnel expenses 90,320 84,308 6,012 U Medical supplies 41,040 37,360 3,680 U Occupancy expenses 20,150 26,480 6,330 F Administrative expenses 10,550 16,508 5,958 F Total expense 162,060 164,656 2,596 F Net operating income $ 42,180 $ 19,376 $ 22,804 F