Flexible Budget Performance Report
AirQual Test Corporation provides on-site air quality testingservices. The company has provided the following data concerningits operations:
Fixed Variable Actual
Component Component Total for
per Month perJob February
Revenue . . . . . . . . . . . . . . . . . . . .. $360 $18,950
Technician wages . . . . . . . . . . . . . .$6,400 $6,450
Mobile lab operating expenses . . . .$2,900 $35 $4,530
Office expenses . . . . . . . . . . . . . . .$2,600 $2 $3,050
Advertising expenses . . . . . . . . . . .$970 $995
Insurance . . . . . . . . . . . . . . . . . . . .$1,680 $1,680
Miscellaneous expenses . . . . . . . . .$500 $3 $465
The company uses the number of jobs as its measure ofactivity. For example, mobile lab operating expenses should be$2,900 plus $35 per job, and the actual mobile lab operatingexpenses for February were $4,530.
The company expected to work 50 jobs in February, butactually worked 52 jobs.
Required:
Prepare a flexible budget performance report showing AirQualTest Corporations activity variances and revenue and spendingvariances for February.





