Exercise 9-16 (Static) Flexible Budget Performance Report [LO9-1, LO9-2, LO9-3, LO9-4] 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: Fixed Variable Component Component per Actual Total per Month Revenue Technician wages Office expenses Advertising expenses Job $ 360 for February $ 18,950. $ 6,400 $ 6,450 Mobile lab operating expenses $ 2,900 $ Insurance Miscellaneous expenses 2,600 $.970 $ 1,680 $35 $ 2 $ 4,530 $3,050 $ 995 $ 500 $ 3 $1,680 $ 465 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $2,900 plus $35 per job, and the actual mobile lab operating expenses for February were $4,530. The company expected to work 50 jobs in February, but actually worked 52 jobs.