Air Assurance 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 selling and administrative 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 comprehensive performance report for March using Exhibit 9-6 as your guide. Assume that the static budget for March was based on an activity level of 100 jobs.

Exhibit 9-6

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Fixed Variable Component per Month Component per Job Actuals for March $275 $24,750 Revenue.. Technician wages $8,600 8,450 Mobile lab selling and administrative 4,900 29 7,960 (5,216 fixed) 2,850 expenses Office expenses…. 2,700 (2,556 fixed) 1,650 2,870 Advertising expenses Insurance… . Miscellaneous expenses 1,580 2,870 960 465 (269 fixed) 2.