QUESTION 23 10 points Save Answer Crovo Corporation uses customers served as its measure of activity. During December, the company budgeted for 38,000 customers, but actually served 40,000 customers. The company has provided the following data concerning the formulas used in its budgeting and its actual results for December: Data used in budgeting: Fixed element per month Revenue ............................ - Wages and salaries. $20,300 Supplies . $0 Insurance .. $7,500 Miscellaneous ................... $3,700 Actual results for December: Revenue.. $101,500 Wages and salane . $52,000 Supplies ............................ $18,100 Insurance ...... $9,400 Miscellaneou $18,100 Required: Prepare a report showing the company's revenue and spending variances for December. Label each variance as favorable (F) or unfavorable (U). For the toolbar. press ALT+F10 (PC) or ALT+FN+F10 (Mac), Variable element per customer $2.60 $0.80 $050 $0.00 $0.30