TB Problem Qu. 9-389 Bickel Corporation uses customers served as...

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:

Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Actual Results Planning Budget Variances Customers served 34,000 33,000 Revenue ($3.40q) $115,300 $112,200 $3,100 F Expenses: Wages and salaries ($23,300 + $1.239) 65,120 63,890 1,230 U Supplies ($0.639) 18,690 20,790 2,100 F Insurance ($5,200) 5,200 5,200 0 None Miscellaneous expense ($4,200 + $0.329) 12,660 14,760 2,100 F Total expense 101,670 104,640 2,970 F Net operating income $ 13,630 $ 7,560 $7,070 F Required: Prepare the company's flexible budget performance report for November. 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 (i.e., zero variance). Input all amounts as positive values.) Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenue Actual and Flexible Results Spending Budget Variances 34,000 34,000 Activity Variances Planning Budget Customers served 33,000 Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income