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posted this before but it was incorrect. Required: Prepare a...

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Accounting

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Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances an variances for February. (Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and effect (i.e., zero variance). Input all amounts as positive values.) 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: The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $32 per job, and the actual mobile lab operating expenses for February were $8,260. The company expected to work 110 jobs in February, but actually worked 112 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.)

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