Varriano Corporation bases its budgets on the activity measure customers served. During October, the company planned to serve 41,000 customers, but actually served 39,000 customers. The company has provided the following data concerning the formulas it uses in its budgeting:

Required:

Prepare a report showing the company's activity variances for October. Indicate in each case whether the variance is 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) next to the "activity variances" column. Input all amounts as positive values.)

Fixed element Revenue Wages and salaries Supplies Insurance Miscellaneous expense per month $37,50e $ 8,50e Variable element per customer $ 3.86 $ 1.26 0.56 $ 0.06 $ 0.46 $7,50e