Problem Qu. 9-398 During September, Clendennen Corporation budgeted for... During September, Clendennen Corporation budgeted for 38,000 customers, but actually served 36,000 customers. The company uses the following revenue and cost formulas in its budgeting, where is the number of customers served: Revenue: $4.519 Wages and salaries: $36,300 + $1.849 Supplies: $0749 Insurance: $13,300 Miscellaneous expense: $6,300 + $0.249 Required: Prepare the company's flexible budget for September based on the actual level of activity for the month Clendennen Corporation Flexible Budget For the Month Ended September 30 Actual customers served Revenue Expenses Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income Exerce 9-13 Direct Materials and Direct Labor Variances (LO9-4, LO9-5) Huron a ny produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zem are given below: Standard Quantity or Hours 4.6 pounds 0.2 hours Direct materials Direct labor Standard Price or Rate $ 2.50 per pound $18.00 per hour Standard Cost $11.50 $ 3.60 During the most recent month, the following activity was recorded: a. Twenty thousand pounds of material were purchased at a cost of $2.35 per pound b. All of the material purchased was used to produce 4,000 units of Zoom C. 750 hours of direct labor time were recorded at a total labor cost of $14.925 Required: 1. Compute the materials price and quantity variances for the month 2. Compute the labor rate and efficiency variances for the month. (For all requirements, indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts os positive values. Do not round Intermediate calculations.) 1. Materials price variance Materiais quantity variance 2. Laborrate variance Labor efficiency variance