Air Assurance Corporation provides on site air quality testing services. The company has provided the following data

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

Fixed Variable Component per Month Component per Job Actuals for March $275 $24,750 Revenue.. Technician wages $8,600 8,


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


Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Managerial Accounting

ISBN: 9781259275814

11th Canadian Edition

Authors: Ray H Garrison, Alan Webb, Theresa Libby

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