{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-28T03:16:50-04:00", "answer_date": "2024-05-28 03:16:50", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1816491", "url": "\/study-help\/questions\/airqual-test-corporation-provides-onsite-air-quality-testing-services-the-1816491", "question_creation_date_js": "2024-05-28T03:16:50-04:00", "question_creation_date": "May 28, 2024 03:16 AM", "meta_title": "[Solved] AirQual Test Corporation provides on-site | SolutionInn", "meta_description": "Answer of - AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost fo | SolutionInn", "meta_keywords": "airqual,test,corporation,provides,-site,air,quality,testing,services,company,provided,cost", "question_title_h1": " 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", "question_title": " AirQual Test Corporation provides on-site air quality testing services. The company", "question_title_for_js_snippet": "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 Revenue Fixed Component Variable Component per Job Actual Total for February $ 33,130 $ 8,450 per Month $ 276 Technician wages $ 8,600 Mobile lab operating expenses $ 4,500 $ 32 $ 8,500 office expenses $ 2,500 $ 3 $ 2,740 Advertising expenses $ 1,560 $ 1,630 Insurance Miscellaneous expenses $ 2,890 $ 950 $1 $ 2,890 $ 385 The company uses the number of jobs as its measure of activity For example, mobile lab operating expenses should be $4,500 plus $32 per job, and the actual mobile lab operating expenses for February were $8,500 The company expected to work 130 jobs in February, but actually worked 136 jobs Required Prepare a 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 all amounts as positive values )", "question_description": "\"image\"image", "transcribed_text": "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: Revenue Fixed Component Variable Component per Job Actual Total for February $ 33,130 $ 8,450 per Month $ 276 Technician wages: $ 8,600 Mobile lab operating expenses $ 4,500 $ 32 $ 8,500 office expenses $ 2,500 $ 3 $ 2,740 Advertising expenses $ 1,560 $ 1,630 Insurance Miscellaneous expenses $ 2,890 $ 950 $1 $ 2,890 $ 385 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,500 plus $32 per job, and the actual mobile lab operating expenses for February were $8,500. The company expected to work 130 jobs in February, but actually worked 136 jobs. Required: Prepare a 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 all amounts as positive values.)", "related_book": { "title": "Managerial Accounting", "isbn": "978-007811100, 78111005, 978-0078111006", "edition": "14th edition", "authors": "Ray Garrison, Eric Noreen and Peter Brewer", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/260.jpg", "uri": "\/textbooks\/managerial-accounting-14th-edition-260", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8853112308", "uri": "\/textbooks\/sacred-money-a-historical-investigation-into-the-sacred-origin-of-money-1st-edition-979-8853112308-188511", "name": "Sacred Money A Historical Investigation Into The Sacred Origin Of Money", "edition": "1st Edition" }, "question_posted": "2024-05-28 03:16:50", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/physics-scientists-and-engineers\/the-quantity-called-mass-density-is-the-mass-per-unit", "description": "The quantity called mass density is the mass per unit volume of a substance. 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