Voytek Corporation bases its budgets on the activity measure customers served. During October, the company planned to serve 36,000 customers, but actually served 34,000 customers. The company has provided the following data concerning the formulas it uses in its budgeting: 
Required:
Prepare a report showing the company's activity variances for October. Indicate in each case whether the variance is favorable (F) or unfavorable (U).
Definitions:
WACC Adjustment
The process of modifying the Weighted Average Cost of Capital to reflect changes in the market or the firm's risk profile.
Financing Scenarios
Different strategies and options available for a business or individual to raise capital or fund operations.
Cost of Capital
The return a company is required to make on its investments to sustain its market value and appeal to investors.
Risk Level
The degree of uncertainty associated with the return on investment, characterizing the potential for financial loss or gain.
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