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:
Required:Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U).

Customers Served

A metric indicating the number of customers who have purchased or used a company's products or services.

Flexible Budget Performance Report

A financial report that compares actual results to a budget that is adjusted based on the actual level of output, providing a more accurate assessment of performance.