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Hi please explain in steps how to get the answers im struggling with formulas and steps to take. Technician wages Mobile lab operating Office Advertising
Hi please explain in steps how to get the answers im struggling with formulas and steps to take.
Technician wages Mobile lab operating Office Advertising expenses Miscellaneous expenses Fixed Component per Month 6,400 2,900 2,600 1,680 Variable Component per 360 35 2 Actual Total for F ebruary 19.350 6,480 4,570 3,120 995 1,680 495 The company uses the number of jobs as its measure of activity. For example. mobile lab operating expenses are expected to be S2.900 plus $35 per job, and the actual mobile lab operating expenses for February were $4,570. Jobs expected to work in Feb. Jobs actually worked in Feb. Required: so 53 Prepare a flexible budget performance report showing AirOual Test Corporation's revenue and spending variances and activity variances for February. Note: Indicate the effect or each variance by selecting "F" for favorable. "U " ror unfavorable, and "None" ror no effect (i.e zero variance). Input all amounts as positive values. Airq.al Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Revenue Spending Flexible Actual Results Budget Expenses: Technician wages Mobile lab operating expenses Office Advertising exFnses Miscellaneous expenses Total expense Net operating income Activity Variances Planning Budget
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