Shaak Corporation Uses Customers Served as Its Measure of Activity

Shaak Corporation uses customers served as its measure of activity.The company bases its budgets on the following information: Revenue should be $3.20 per customer served.Wages and salaries should be $21,000 per month plus $0.80 per customer served.Supplies should be $0.70 per customer served.Insurance should be $5,300 per month.Miscellaneous expenses should be $3,100 per month plus $0.10 per customer served.

The company reported the following actual results for October:
Required:
Prepare a report showing the company's revenue and spending variances for October.Label each variance as favorable (F)or unfavorable (U).