Required Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances...
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Accounting
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.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Results Flexible Budget Planning Budget Jobs 150 150 140 Revenue $36,030 Expenses Technician wages Mobile lab operating 8,150 9,020 2,770 1,640 2,880 515 24,975 $ 11,055 expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income
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