octoring Enabled: ACC 216 - Exam II 3 04:00:32 Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget t operating results for the month of November: Customers served Revenue ($3.60q) Expenses: Wages and salaries ($24, 200+ $1.20q) Supplies ($0.50q) Insurance ($ 7,700) Miscellaneous expense ($6,500 + $0.40q) Total expense Net operating income Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Customers served Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income Actual Results Planning Budget 26,800 $ 95,800 50,900 15,000 7,600 13,900 81,400 $ 8,300 26,800 $ 95,800 Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Actual Revenue and Spending Flexible Results Variances Budget 27,000 $ 98,000 26,800 58,200 14,500 7,700 20,500 96,900 $ 7,100 Required: Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfav Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effe variance). Input all amounts as positive values. Activity Variances Planning Budget Variances 27,000 $ 6,300 5,300 F 2,500 U Say 100 None 4,600 F 7,500 F $ 3,200 F

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