Question: 10 Check my work 17 Exercise 9-17 Flexible Budget Performance Report [LO9-1, LO9-2, LO9-3, LO9-4] 10 points AirQual Test Corporation provides on-site air quality testing
10 Check my work 17 Exercise 9-17 Flexible Budget Performance Report [LO9-1, LO9-2, LO9-3, LO9-4] 10 points AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of February: Variable Fixed Component Component per Actual Total per Month Job $ 280 Revenue Technician vages Mobile lab operating expenses Offiee expenses Advertising expenses Insurance Miscellaneous expenses for February 36,450 $ 8,250 $ 9,740 $ 2,610 S 1,670 $ 2,880 $ 425 eBook 8,400 5,000 $ 2,200 1,600 2, 880 $ 980 $ 35 Print The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $5,000 plus $35 per job, and the actual mobile lab operating expenses for February were $9,740. The company expected to work 140 jobs in February, but actually worked 150 jobs Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for February. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
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