Vision and Audio is a small owner-managed business that specializes in the installation of television and audio equipment for customers with high-end home theatre systems. The company has provided the following dots concerning its most recent month of operations: Budgeted Budgeted Variable Fixed Component Component per Actuals for per Month Installation October Revenue $558 $52, 258 Installer wages 17,283 16,980 Selling and administrative expenses 1, 225 15 2,884 (1, 384 fixed) Office expenses 5,483 5,416 (5, 112 fixed) Marketing expenses 3,168 3,380 Insurance 380 Miscellaneous expenses 558 789 (538 fixed) The company uses the number of installations as its measure of activity. For example, selling and administrative expenses should be $1,225 plus $15 per job, and the actual selling and administrative expenses for October were $2,804. The company expected to do 100 installations in October, but actually did 95. Required: Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 100 jobs. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (L.e., zero variance) Melon and Audio Comprehensive Performance Report For the Month Ended October 31 Flexible Actual Flexible Sales Budget Static Budget Volume Variance Variance Budget Jobs 95 95 100 Variable Expenses: Total variable expenses of Less fixed expenses: Total fixed expenses