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Flexible Budget Performance Report. Corporation provides an on site air quality testing service. The following data is provided concerning its operations. Fixed Component Variable component

Flexible Budget Performance Report. Corporation provides an on site air quality testing service. The following data is provided concerning its operations. Fixed Component Variable component Per job Actual Total for Feb Per month Revenue 360 18950 Technician Wages 6400 6450 Mobile lab Operating Expenses 2900 35 4530 Office Expenses 2600 2 3050 Advertising Expenses 970 995 Insurance 1680 1680 Misc Expenses 500 3 465 This company uses the number of jobs as its measure of activity. For example mobile lab operating expenses should be 2900 plus 35 per job. The actual mobile lab operating expenses for February were 4530. The company expected to work 50 jobs in Feb but worked 52 jobs instead. Prepare a flexible budget performance report showing the corporations activity variance and revenue spending variance for Feb

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