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Just need to double-check this. Got couple different answers on some parts. Please help AlrQuaI Test Corporatlon provides on-slte alr quality testing servlces_ The company
Just need to double-check this. Got couple different answers on some parts. Please help
AlrQuaI Test Corporatlon provides on-slte alr quality testing servlces_ The company has provided the tollowlng cost formulas and actual results for the month ot February: s 33,520 S 8, Bee S 4, 70 S 9, ego S 2,7e S 2, Ege Variable Component per 279 35 Job Revenue Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Fixed Component per month 94 e Actual Total for February 8,150 2,890 The company uses the number ot Jobs as Its measure ot actlvlty. For example, moblle lab operating expenses should be S4,700 plus $33 per Job, and the actual moblle lab operating expenses for February were $9,090 The company expected to work 130 Jobs In February, but actually worked 138 Jobs. Requlred: Prepare a flexible budget performance report snowlng AlrQuaI Test Corporatlon's revenue and spending variances and actlvlty variances for February. (Indlcate the effect of each verlance by selectlng "F" for favorable, "W for unfavorable, and "None" for no effect (I.e., zero varlence). Input all amounts es posltlve values.) Flexible Budget Performance Report For the Month Ended February 28 Planning Jobs Revenue Expenses: Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income Actual 33,520 8,150 g,ogo 2,940 1 ,650 2,890 375 25,095 8,425 Flexible
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