Bickel Corporation uses customers served as its measure of activity. The following report compares the...
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Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of November: Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November Actual Results Planning Budget Variances Customers served Revenue $q $ $ $ F Expenses: Wages and salaries $ $q U Supplies $q F Insurance $ None Miscellaneous expense $ $q F Total expense F Net operating income $ $ $ F Required: Prepare the company's Comprehensive Performance Report for November. Label each variance as favorable F or unfavorable UIndicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero variance Input all amounts as positive values.
Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of November:
Bickel Corporation
Comparison of Actual Results to Planning Budget
For the Month Ended November
Actual Results Planning Budget Variances
Customers served
Revenue $q $ $ $ F
Expenses:
Wages and salaries $ $q U
Supplies $q F
Insurance $ None
Miscellaneous expense $ $q F
Total expense F
Net operating income $ $ $ F
Required:
Prepare the company's Comprehensive Performance Report for November. Label each variance as favorable F or unfavorable UIndicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero variance Input all amounts as positive values.
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