May, the clinic budgeted for 3,400 40) Furney Clinic uses patient-visits as its measure of activity. During patient-visits, but its actual level of activity was 3,000 patient-visits. The clinic bases its budgets on the month plus S10.80 b,500es shoulb$9,300 per month plus $2.00 per patient-visit. Administrative expenses should ssugnt:Revenue should be $38.00 per patient-visit. Personnel expenses should be $36,000 per evenu per patient-visit. Medical supplies should be $1,000 per month plus $6.00 per patient-visit per month plus $0.30 per patient-visit. The clinic reported the following actual results for May Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $ 113,640 S 71,090 S 18,070 s 14,550 S 6,190 Required: Prepare the clinic's flexible budget performance report for May. Label each variance as favorable (F) or unfavorable (U). (REFER TO EXHIBIT 9-8 on page 423)