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AirQual Test Corporation provides on-site air quslity testing services. The compony has provided the following cost formulas and octusl results for the month of February:
AirQual Test Corporation provides on-site air quslity testing services. The compony has provided the following cost formulas and octusl results for the month of February: The compony uses the number of jobs as its messure of activity. For example, mobile lab operating expenses should be $5,000 plus $32 per job, and the actual mobile lab opersting expenses for February were $8,680. The compeny expected to work 120 jobs in Februsry, but actually worked 128 jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending varisnces and activity varisnces for February. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero varlance). Input all amounts as positive values.)
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