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 Customers served. Revenue ($3.50q) Expenses: Actual Results 28,000 Planning Budget Variances: 27,000 $97,900 $94,500 $3,400 F Wages and salaries ($22,700 +$1.17q) 55,460 54,290 1,170 U Supplies ($0.57q) 13,790 15,390 1,600 P Insurance (54,600) Total expense Net operating income 4,600 4,600 0 None Miscellaneous expense ($3,600 + $0.37q) 11,990 85,840 13,590 87,870 1,600 F 2,030 F $ 12,060 $ 6,630 $5,430 F Required: Prepare the company's Comprehensive 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 Comprehensive Performance Report For the Month Ended November 30 Flexible Actual Budget Results Variance Customers served 28,000 Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Flexible Budget Sales Volume Variance Plan Bu 28,000 2