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please help. Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for
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Bickel 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 Variances $ 5,100 U Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 38 Actual Results Planning Budget Customers served 25, 120 25,800 Revenue ($3.689) $ 89,700 $.93, 2ee Expenses: Wages and salaries ($23,000 + 51.289) 49,700 54,600 Supplies ($0.500) 13,800 13,380 Insurance ($ 6,500) 6,400 6,500 Miscellaneous expense (55,300 + $0.40) 12,700 16.900 Total expense B2,200 89,700 Net operating income $ 7,100 $ 5,900 4,100F 1,300 U 200 None 3,400 6,300F $ 2, eee Required: Prepare the company's flexible budget performance report for November Label each verlance 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.) Bickel Corporation Flexible Budget Performance Report For the Month Endod November 30 Actual Revenue and Spending Flexible Results Variances Budget Activity Variances Planning Budget 25,120 25. 120 Customer served Revenue 25,800 Expenses Wages and salacios Supplies Insurance Miscellaneous expense Total expense Step by Step Solution
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