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TB Problem Qu. 9-380 (Algo) Shaak Corporation uses customers served as... Shaak Corporation uses customers served as its measure of activity. The company bases its

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TB Problem Qu. 9-380 (Algo) Shaak Corporation uses customers served as... Shaak Corporation uses customers served as its measure of activity. The company bases its budgets on the following information: Revenue should be $8.30 per customer served. Wages and salaries should be $22.700 per month plus $1.00 per customer served. Supplies should be $0.80 per customer served. Insurance should be $6,150 per month. Miscellaneous expenses should be $4,800 per month plus $0.30 per customer served. The company reported the following actual results for October: Required: Prepare a report showing the company's revenue and spending variances for October. Label each variance as favorable (F) or unfavorable (U). Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero ariance). Input all amounts as positive values. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Shaak Corporation } \\ \hline \multicolumn{4}{|c|}{ Revenue and Spending Variances } \\ \hline \multicolumn{4}{|c|}{ For the Month Ended October 31} \\ \hline & Actual Results & Flexible Budget & RevenueandSpendingVariances \\ \hline Customers served & 22,950 & 22,950 & As \\ \hline \multicolumn{4}{|l|}{ Revenue } \\ \hline \multicolumn{4}{|l|}{ Expenses: } \\ \hline \multicolumn{4}{|l|}{ Wages and salaries } \\ \hline \multicolumn{4}{|l|}{ Supplies } \\ \hline \multicolumn{4}{|l|}{ Insurance } \\ \hline \multicolumn{4}{|c|}{ Miscellaneous expense } \\ \hline \multicolumn{4}{|c|}{ otal expense } \\ \hline et operating income & & & \\ \hline \end{tabular}

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