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Che 10 Air Assurance Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations: bits Fixed Variable Component
Che 10 Air Assurance Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations: bits Fixed Variable Component Component per Month per Job $ 275 $ 3,600 Actuals for March $24.75e 8.45e Revenue Technician wages Mobile lab selling and administrative expenses Office expenses 2,700 7.96e (5,216 fixed) 2,85e (2,556 fixed) 1,650 2,870 465 (269 fixed) References Advertising expenses Insurance Miscellaneous expenses 2.87e 960 The company uses the number of jobs as its measure of activity. For example, mobile lab selling and administrative expenses should be $4.900 plus $29 per job, and the actual mobile lab operating expenses for March were $7.960. The company expected to work 100 jobs in March, but actually worked 98 jobs. Required: Prepare a comprehensive performance report for March. Assume that the static budget for March was based on an activity level of 100 jobs. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). AIR ASSURANC CORPORATION Comprehensive Performance Report For the Month Ended March 31 Flexible Flexible Actual Budget Budget Variance Sales Volume Variance Static Budget Check Voice AIR ASSURANC CORPORATION Comprehensive Performance Report For the Month Ended March 31 Flexible Flexible Actual Budget Variance Budget 99 Sales Volume Variance Static Budget Jobs Variable Expenses Total variable expenses Less Sixed expenses: Total fixed expenses
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