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Arrasmith Corporation uses customers served as its measure of activity. During February, the company budgeted for 35,400 customers, but actually served 31,600 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $3.90q Wages and salaries: $33,600 + $1.22q Supplies: $0.62q Insurance: $10,800 Miscellaneous expenses: $6,800 + $0.34q The company reported the following actual results for February: Revenue Wages and salaries Supplies Insurance Miscellaneous expense Required: Prepare the company's flexible budget performance report for February. Label each 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.e., zero variance). Input all amounts as positive values.) ustomers served venue $ 127,800 $ 68,400 $ 14,800 $ 10,800 $ 19,700 enses: Jages and salaries upplies Arrasmith Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Results 31,600 Revenue and Spending Flexible Variances Budget 31,600

Arrasmith Corporation unes customers aerved as its measure of activity. Outing February, the company budgeted for 35,400 customern, but actually served 31,600 customers. The company uses the following revenue and cost formutas in its budgeting. Where q is the number of customers served: Revenue: 53.90a Woges and salaries: 533.600+51.22q simplies: 5062c insurance: $10,800 Miscelianeous expenses: 56,800+50,34a The company reported the following actuat results for February: Required: Required: Prepore the company's fexible budget performance report for February. Label each variance as favorable (F) or unfavorable (U). thdicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (li.e., zero ariance). Input all amounts as positive values.)

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