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AirQual Test Corporation provides on-site air quality testing services. The company provided the following cost...

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Accounting

AirQual Test Corporation provides on-site air quality testing services. The company provided the following cost formulas and actual results for the month of February:
\table[[,\table[[Fixed],[Component],[per Month]],\table[[Variable],[Component per Actual Total],[Job]],\table[[for February]]],[Revenue,,$275,$27,500
\table[[AirQual Test Corporation],[Flexible Budget Performance Report],[For the Month Ended February 28],[,\table[[Actual],[Results]],Activity Variances,\table[[Flexible],[Budget]],\table[[Revenue and],[Spending Variances]],\table[[Planning],[Budget]]],[Jobs,116,,116,,110],[Revenue,$27,500,,,,],[Expenses:],[Technician wages,8,350,,,,],[Mobile lab operating expenses,8,280,,,,],[Office expenses,2,270,,,,],[Advertising expenses,1,620,,,,],[Insurance,2,880,,,,],[Miscellaneous expenses,345,,,,],[Total expenses,23,745,,,,],[Net operating income,$,3,755,,,,]]
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