AirQual Test Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations:
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.
Required:
Prepare a flexible budget performance report showing AirQual Test Corporation's activity variances and revenue and spending variances for February.