Air Assurance Corporation provides on-site air quality testing services. the com

Question

Air Assurance 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 $4, 900 plus $29 per job, and the actual mobile lab operating expenses for March were $9, 410. the company expected to work 150 jobs in March, but actually worked 148 jobs. Required: Complete the flexible budget performance report showing Air Assurance Corporation's activity variances and revenue and spending variances for March. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i. e. , zero variance). Omit the "$" sign in your response. ) Required: Complete the flexible budget performance report showing Air Assurance Corporation's activity variances and revenue and spending variances for March. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i. e. , zero variance). Omit the "$" sign in your response. )

Explanation / Answer

http://www.chegg.com/homework-help/air-assurance-corporation-provides-site-air-quality-testing-chapter-9-problem-18e-solution-9780078111006-exc

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