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Airqual Test Corporation provides on-ste air quality testing services. The company has provided the following cost formulas and actual resuts for the month of February.
Airqual Test Corporation provides on-ste air quality testing services. The company has provided the following cost formulas and actual resuts for the month of February. The compary uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be 54,600 plus $31 per job, and the actual moble lab operating expenses for February were 58.780 . The company expected to work 140 jobs in February, but actually worked 150 jobs. Requlred: Prepare a fexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for February, (Indilete the effect of each varlance by seiecting "F" for favorable, "U" for unfovorable, and "None" for no effect (Le., sero varlance). Input all amounts ot poslitve volues.)
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