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Air Assurance Corporation provides on-site air quality testing services. The company has provided the following...

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Accounting

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Air Assurance Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations Fixed Variable per Month per Job $8,600 Component Component Actuals for Revenue $275 $24,750 Technician wages 8,450 Mobile lab selling and administrative expenses 4,900 29 7,960 Office expenses (5,216 fixed) 2,850 2,700 (2,556 fixed) 1,650 Advertising expenses Insurance Miscellaneous expenses 1,580 2,870 960 2,870 465 (269 fixed) The company uses the number of jobs as its measure of activity. For example, mobile lab selling and administrative expenses should be $4,900 plus $29 per job, and the actual mobile lab operating expenses for March were $7,960. The company expected to work 100 jobs in March, but actually worked 98 jobs. Required Prepare a comprehensive performance report for March. based on an activity level of 100 jobs. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Assume that the static budget for March was AIR ASSURANC CORPORATION Comprehensive Performance Report For the Month Ended March 31 Flexible Budget Flexible Budget Variance Sales Volume Static Budget

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