Question: wi Help tion is A O... I Chegg.com Help Sa AirQual Test Corporation provides on-site air quality testing services. The company-has provided the following cost
wi Help tion is A O... I Chegg.com Help Sa 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 per Month Job 279 $8,400 $ 5,000 $ 2,400 1,570 $ 2,880 $ 930 33,520 s 8,250 $ 9,000 $ 2,510 $1,640 $ 2.880 $365 Mobile lab operating expenses s 32 Insurance The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $5,000 plus $32 per job, and the actual mobile lab operating expenses for February were $9,000. The company expected to work 130 jobs in February, but actually worked 138 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.) Flexible Budget Performance Report Planning 138 33,520
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
