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Exercise 9.16 (Algo) Flexible Budget Performance Report [LO9-1, LO9-2, LO9-3, LO9-4] AirQual Test Corporation provides on-site air quality testing services: The company providod the following

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Exercise 9.16 (Algo) Flexible Budget Performance Report [LO9-1, LO9-2, LO9-3, LO9-4] AirQual Test Corporation provides on-site air quality testing services: The company providod the following cost formulas and actua results for the month of February. The company uses the number of jobs as its measure of activity. For example. mobile lab operating expenses should be $5,000 plus $33 per job, and the actual mobite lab operating expenses for February were $9,130 The company expected to work 130 jobs in February but actually worked 134 jobs: Required: Prepare a thexible budget performance report for February. Note: 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. Required: Prepare a flexible budget performance report for February. Note: 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

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