TB Problem Qu. 9-395 (Algo) 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	24,560	25,400
Revenue ($3.60q)	$ 87,700	$ 91,600	$ 4,700	U
Expenses:
Wages and salaries ($22,600 + $1.20q)	49,300	53,400	3,700	F
Supplies ($0.50q)	13,400	12,900	900	U
Insurance ($ 6,100)	6,000	6,100	100	None
Miscellaneous expense ($4,900 + $0.40q)	12,300	15,700	3,000	F
Total expense	79,800	87,300	5,900	F
Net operating income	$ 6,700	$ 5,500	$ 1,600	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
	Actual Results	Revenue and Spending Variances		Flexible Budget	Activity Variances		Planning Budget
Customers served	24,560			24,560			25,400
Revenue	$87,700	$200
Expenses:
Wages and salaries	49,300
Supplies	13,400
Insurance	6,000
Miscellaneous expense	12,300
Total expense	79,800
Net operating income	$6,700

rev: 06_30_2020_QC

rev: 06_30_2020_QC