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Arrasmith Corporation uses customers served as its measure of activity During February, the company budgeted for 36.200 customers, but actually served 27.800 customers. The company
Arrasmith Corporation uses customers served as its measure of activity During February, the company budgeted for 36.200 customers, but actually served 27.800 customers. The company uses the following revenue and cost formulas in its budgeting, where qis the number of customers served Revenue $4700 Wages and salanes $34 400+ $1469 Supplies $0864 Insurance: $11,600 Miscellaneous expense $7600 + $0.429 The company reported the following actual results for February Revenue Mages and salaries Supplies Insurance Miscellaneous expense $143.800 5. 69,200 5 15.600 $ 11,600 $ 23,700 Required: Prepare the company's flexible budget performance report for February Label och 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... zero variance). Input all amounts as positive values.)
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