To Problem u 9-29 Bickel Corporation uses customers served as Bike 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 c arie et Netual Results to planning Budget Tor the Month Ended November 30 Actual Planning Budget Varian Custere served 44,000 43,000 Revenue (3.669) $158.100 $154,800 3300 Expenses Wages and salaries ($24,300 82,820 81,490 1,330 U 31.339) Supplies (0.739) 29.790 31,390 1,600 F Insurance (16,200) 6.200 6.2000 None Miscellaneous expense (55,200 23.100 23,260 + $0.429) Total expense 141, 910142.340 430 Net operating Income $ 16,190 12.460 $3,730 P Required: Prepare the company's flexible budget performance report for November. Label each variance as favorable for unfavorable (U). Indicate the effect of each variance by selecting "F" for favorable, "Ufor unfavorable, and "None" for no effecte, ero variance). Input all amounts as positive values) Bickel Corporatio Flexible Budget Performance Report For the Month Ended November 30 Flexible Activity Actual and Results Spending Variances 144.000 Expenses Miscellaneous Total expense Theatre Paper.pdf ATSP20 (4).docx Ch10 Worksh