Complete a flexible budget performance report showing AirQual Test Corporation

$3.00

AirQual Test Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations.
Fixed
Component
per Month
Variable
Component
per Job
Actual
Total for
February
  Revenue $ 278 $ 25,050
  Technician wages $ 8,300 $ 8,150
  Mobile lab operating expenses $ 4,900 $ 26 $ 7,660
  Office expenses $ 2,500 $ 2 $ 2,550
  Advertising expenses $ 1,600 $ 1,670
  Insurance $ 2,850 $ 2,850
  Miscellaneous expenses $ 970 $ 1 $ 375
The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $26 per job, and the actual mobile lab operating expenses for February were $7,660.
The company expected to work 100 jobs in February, but actually worked 98 jobs.
Required:
Complete a flexible budget performance report showing AirQual Test Corporation�s revenue and spending variances and activity variances for February.

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