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 32,000 31,000 Revenue ($3.409) $105,400 $3,200 F Expenses: Wages and salaries ($23,100 + $1.219) 61,820 60,610 1,210 U Supplies ($0.619) 17,910 18,910 1,000 F Insurance ($5,000) 5,000 5,000 0 None Miscellaneous expense ($4,000 + $0.300) 12,300 13,300 1,000 F Total expense 97,030 97,820 790 F Net operating income $ 11,570 $ 7,580 $4,490 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.)