Air Qual 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 Component per Month Revenue Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses $ 3,400 $4,600 $ 2.600 $ 1,560 $ 2,860 $ 920 Variable Actual Total Component per Job for February $ 278 $ 33,390 $ 8.250 $ 33 $ 8,730 $4 $ 2,970 1,630 $ 2,860 $ 2 485 The company uses the number of jobs as its measure of activity, For example, mobile lab operating expenses should be $4,600 plus $33 per job, and the actual mobile lab operating expenses for February were $8730 The company expected to work 130 Jobs in February, but actually worked 138 jobs AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget Planning Budget Jobs 138 $ 33,390 8,250 8,730 Revenue Expenses Technician wages Mobile lab operating exponses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 2,970 1,630 2,860 485 24,925 $ 8,465