1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bezimeni [28]
3 years ago
6

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:
Fixed Component Per Month Variable Component per Job Actual Total For February
Revenue $276 $33,130
Technician wages $8,300 $8,150
Mobile lab operating expenses $5,000 $34 $9,260
Office expenses $2,500 $3 $2,740
Advertising expenses $1,570 $1,640
Insurance $2,850 $2,850
Miscellaneous expenses $970 $2 $535

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $5,000 plus $34 per job, and the actual mobile lab operating expenses for February were $9,260. The company expected to work 130 jobs in February, but actually worked 138 jobs.

Required:
Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for February.
Business
1 answer:
kherson [118]3 years ago
5 0

Answer:

I used an excel spreadsheet since there is not enough room here. I ordered the given data:

                                               Fixed           Variable           Actual Total

Revenue                                                        $276                $33,130

Technician wages                $8,300                                      $8,150

Mobile lab operating exp.   $5,000              $34                 $9,260

Office expenses                   $2,500               $3                  $2,740

Advertising expenses           $1,570                                      $1,640

Insurance                              $2,850                                     $2,850

Miscellaneous expenses        $970                $2                    $535              

Download pdf
You might be interested in
A+b-c =170 B+c-A= 130 <br>solve​
balu736 [363]

The correct answer is A = 110, B= 40, C=20..

<u>Explanation</u>

If A+B-C= 170 and B+C-A=130 ,  

=C+A = 130

or, C= 130- A

Again, A+B-C =170

or, A+B =170+C

A+B = 170+130-A ( c=130-A)

A+B = 300-A

2A+B = 300

A+B= 300/2

A+B = 150

A+B-C= 170

A+B = 170+C

150 = 170 +C ( A+B = 150)

or, C = 20..............................(1.)

A+C =130

or,A+ 20= 130 ( A=110).....................(2)

A+B = 150

110+B= 150

B = 150-110

B= 40..........................................(3)

Therefore, A = 110, B= 40, C=20..

8 0
3 years ago
Extremely low-incidence studies, such as trying to survey the automobile buyer characteristics of astronauts are usually not fea
Nina [5.8K]

Answer:

The correct answer is D

Explanation:

Feasibility analysis is the analysis which is used in order to determine or state the viability of the project like ensure the project is legal and economically justifiable and technically feasible.

In short, it states that the project is worth or not the investment. So, when the studies indicate the low incidence, then the firm is concerned regarding the feasibility of the project, that it would probably determine or state whether or not the questions could be answered.

7 0
4 years ago
Merchandise 7x is the secret ingredient used to make which product?
ddd [48]

Merchandise 7X, the "secret ingredient" or "secret formula" in Coca-Cola. The ingredient has remained a secret since its invention in 1886 by John Pemberton.

4 0
3 years ago
List and explain six specific ways to control the rising cost of health care.
IgorC [24]
<span>Make the Most of Wellness Programs: Participating in biometric screenings, such as checking blood pressure and cholesterol levels. Let a Discount Card Fill the Gaps: Look for plans that allow you to try it for 30 days and get a refund within that period if you’re not satisfied. Shop Around for the Best Price: Save a significant amount of money simply by changing their health care provider. Get Your Free Preventive Care: By taking advantage of your health plan’s free preventive services, you may be able to identify potential areas of concern before they balloon into something bigger. Make Smart Lifestyle Choices: You can reduce your chances of developing a chronic condition or needing to be hospitalized by eating a balanced diet, staying active and avoiding risky behaviors. Use an HSA with Eligible High-Deductible Plans: Money deposited into an HSA rolls over each year and can be used tax-free for medical expenses, even if your insurance changes.</span>
3 0
3 years ago
Melissa invests $37,000 today in a savings account that pays 4 percent interest compounded annually. She wants to know the total
yulyashka [42]

Answer:

c. N = 7, I/Y = 4, PV = 37,000

Explanation:

In financial Calculator the following key wii be pressed to calculate the the balance of the account (Future value)

For the number of year enter N = 7

Interest per year enter I/Y = 4

For present value enter PV = 37,000

This will calculate Malissa's account balance after 7 years which is $48,689.

So the correct answer is c. N = 7, I/Y = 4, PV = 37,000.

6 0
3 years ago
Other questions:
  • The controller of Sunland Industries has collected the following monthly expense data for use in analyzing the cost behavior of
    11·1 answer
  • If a firm invests in continuous innovation and willingly cannibalizes its existing products with more advanced products, the fir
    9·1 answer
  • Coca-Cola’s "Simply Orange" product division ships oranges from three different groves to five processing plants. Typically, how
    6·1 answer
  • In recent years, the question of the lack of appropriate ethical behavior has been brought most strongly to the American public
    15·1 answer
  • Martha earned a gross pay of $1,215.60 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the am
    8·1 answer
  • When analyzing stages of economic development in the United States, it appears that we have entered the "tertiary stage." This i
    11·1 answer
  • On September 30, 2021, Bricker Enterprises purchased a machine for $200,000. The estimated service life is 10 years with a $20,0
    11·1 answer
  • Pepsico's CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years, to forecast inve
    11·1 answer
  • Describe why most countries are described as having a mixed economy​
    14·1 answer
  • Economies of scale give an advantage to what type of company? A. A company with a small number of employees B. A company that ma
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!