AirAssurance Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations:
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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 $7,960. The company expected to work 100 jobs in March, but actually worked 98 jobs.
Required:
Prepare a flexible budget performance report showing AirAssurance Corporation's activity variances and revenue and spending variances for March.