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Alrousl Test Corporation provides on-site air quality testing services. The company has provided the following cost formules and actual results for the month of February
Alrousl Test Corporation provides on-site air quality testing services. The company has provided the following cost formules and actual results for the month of February Fixed Component variable Actual Total per Month Component per ob for February Revenue $ 298 $ 28,asa Technician w $ 8,40 $ 8,250 Mobile la operating expenses $ 4.500 $ 34 $ 8,888 Office expenses $ 2.500 $ 3. $ 2,780 Advertising expenses $ 1,55 $ 1.620 $ 2,870 $ 2,70 Miscellaneous expenses $ 96 The company uses the number of jobs ss its measure of sctvity. For example, mobile sb operating expenses should be $4.500 plus $34 perjob, and the actual mobile leb operating expenses for February were $8,000. The company expected to work 110 jobs in February, but actually worked 118.jobs. Required: Prepare a flexible budget performance report showing Arousl 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 (.e., zero valence). Input all amounts as positive values.) AirGual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget 118 Planning Budget $ 28.050 BORD Revenue Expenses Technican wigs Mobil operating expenses Omon cxpenses Advertising expenses Insurance Miscellaneous expenses Total Not operating income 2.780 1.620 2870 485 24.085 $ 3.986
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