AirAssurance Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations:

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $29 per job, and the actual mobile lab operating expenses for March were $7,960.
The company expected to work 100 jobs in March, but actually worked 98 jobs.

Required:
Prepare a flexible budget performance report showing AirAssurance Corporation€™s activity variances and revenue and spending variances forMarch.

Transcribed Image Text:

Fixed Variable Actual Component Component Total for March per Month per Job Revenue . Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses $8,600 $4,900 $2,700 $1,580 $2,870 $960 $275 $24,750 $8,450 $7,960 $2,850 $1,650 $2,870 $465 $29 $3 $2