Question: please help!! AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month
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: The company uses the number of jobs as its measure of activity. For example, moblle lab operating expenses should be $4.900 plus $33 per job, and the actual mobile lab operating expenses for February were $9.030. The company expected to work 130 jobs in February, but actually worked 132 jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and actlvity varlances for February. (Indicate the effect of each variance by selecting "F" for favorable, " U " for unfovorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
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