WUMRLIN education.com low/connect.html TB Problem Qu. 9-383 Arrasmith Corporation uses customers served as... Arrasmith Corporation uses customers served as its measure of activity. During February, the company budgeted for 36,300 customers, but actually served 27,700 customers. The company uses the following revenue and cost formulas in its budgeting, where qis the number of customers served Revenue: $4.80g Wages and salaries: $34.500 - $1499 Supplies: $0.899 Insurance $11,700 Miscellaneous expenses: $7.700 - $0.439 The company reported the following actual results for February Revenue Wages and salaries Supplies Insurance Miscellaneous expense $145, see $ 69,300 $ 15,zee $ 11,7ee $ 24,200 Required Prepare the company's flexible budget performance report for February. Label each vartance as favorable (For unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (Le.. zero variance). Input all amounts as positive values.) Arrasmith Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Revenue and Spending Flexible Budget Activity Variances Budget Customers served 27.700 38,300 Expenses Misce Total expens