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9 Exercise 9-17 Flexible Budget Performance Report (LO9-1, LO9-2, LO9-3, LO9-4) AirQual Test Corporation provides on-site air quality testing services. The company has provided the

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9 Exercise 9-17 Flexible Budget Performance Report (LO9-1, LO9-2, LO9-3, LO9-4) AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of February: Fixed $33,390 $ 8,350 9,130 8,500 5,000 2,500 s 1,570 s 2,890 $ 960 Technician wages Mobile lab operating expenses Office s 33 S 1,640 s 2,890 $ 395 nt Insurance ces The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $5,000 plus $33 per job, and the actual mobile lab operating expenses for February were $9,130. The company expected to work 130 jobs in February, but actually worked 140 jobs. Required Prepare a flexible budget performance report howing 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 Report int 140 $ 33,390 8,350 9,130 2,740 1,640 2,890 25,145 S 8,245 Net o

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