prepare the company is flexible budget performance report for February label each variance as favorable(f) or unfavorable (u)

Arrosmith Corporation uses customers served as its measure of activity. During February, the company budgeted for 35,900 customers, but actually served 28,600 customers. The company uses the following revenue and cost formulas in its budgeting, where is the number of customers served Revenue: $4.409 Wages and salaries: $34,100+ $1379 Supplies: $0.779 Insurance: $11,300 Miscellaneous expenses: $7,300 $0.399 The company reported the following actual results for February 04 Revenue Wages and salaries Supplies Insurance Miscellaneous expense 5137,800 $ 68.900 $ 15,300 $ 11,300 $ 22,200 Required: Prepare the company's flexible budget performance report for February, 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.) Arrasmith Corporation + Flexible Budget Performance Report For the Month Ended February 28 Revenue and Flavio he lala Dinnen 3 Required: Prepare the company's flexible budget performance report for February, 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.) 29:39 Arrasmith Corporation Flexible Budget Performance Report For the Month Ended February 28 Revenue and Actual Spending Flexible Resulte Variances Budget 28.000 28.600 Activity Variances Planning Budget 35.000 Customer served Revenue Expenses Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income