Squillace Corporation uses customers served as its measure of activity.During October,the company budgeted for 38,000 customers,but actually served 35,000 customers.The company has provided the following data concerning the formulas used in its budgeting and its actual results for October: 
Required:
Prepare the company's flexible budget performance report for October.Label each variance as favorable (F) or unfavorable (U).
Definitions:
Q44: During August,Klinck Corporation plans to serve 33,000
Q45: The unadjusted cost of goods sold (in
Q132: What is the unit product cost for
Q139: Spence Corporation,which makes skylights,has provided the following
Q175: The main difference between a flexible budget
Q193: Squillace Corporation uses customers served as its
Q219: The expendables in the flexible budget for
Q241: The net operating income in the planning
Q277: The revenue variance for January would be
Q284: Bures Jeep Tours operates jeep tours in