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17 value: 10.00 points AirQual Test Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations: Fixed Variable
17 value: 10.00 points AirQual Test Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations: Fixed Variable Actual Component Component Total for per Month per Job February 276 $30,370 Revenue $8,000 7,850 $4,800 30 8,560 $2,500 4 2,830 Technician wages Mobile lab operating expenses Office expenses $1,570 1,640 Advertising expenses 2,860 $2,860 Insurance 970 395 Miscellaneous expenses The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $30 per job, and the actual mobile lab operating expenses for February were $8,560 The company expected to work 120 jobs in February, but actually worked 116 jobs. Required: Complete the flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for February. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., Zero variance). Input a amounts as positive values.)
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