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Need help solving AirAssurance Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations: Fixed Component per Month
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AirAssurance Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations:
Fixed Component per Month | Variable Component per Job | Actual Total for March | |||
Revenue | $275 | $ | 35,750 | ||
Technician wages | $ | 8,400 | $ | 8,250 | |
Mobile lab operating expenses | $ | 4,700 | $29 | $ | 8,920 |
Office expenses | $ | 2,700 | $3 | $ | 2,970 |
Advertising expenses | $ | 1,560 | $ | 1,630 | |
Insurance | $ | 2,850 | $ | 2,850 | |
Miscellaneous expenses | $ | 970 | $1 | $ | 415 |
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The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,700 plus $29 per job, and the actual mobile lab operating expenses for March were $8,920. |
The company expected to work 140 jobs in March, but actually worked 138 jobs. |
Required: |
Complete the flexible budget performance report showing AirAssurance Corporation |
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