The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,700 plus $33 per job, and the actual mobile lab operating expenses for February were $9,160. The company expected to work 140 jobs in February, but actually worked 142 jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporation 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.)

Spending variances  226 Un Favorable

Activity variances 66 UnFavorable

Explanation:

Budgeted mobile lab operating expenses  $4,700 plus $33 per job,

Actual mobile lab operating expenses  February  $9,160.

Budgeted  jobs in February, 140

actually worked 142 jobs

                              Flexible budget performance report

                                             AirQual Test Corporation

                                       Spending variances for February

                                        Flexible Budget      Actual Result      Spending

                                          For  142 jobs                                     Variances

Lab Operating Expense     9386                       9160               226 UnFav            

Spending variances = Actual Expenses - budgeted Expenses

Spending variances = $9,160-  ($4,700 +$33 *142)

Spending variances = $9,160-  ($4,700 +$4686)

Spending variances = $9,160- 9386= 226 Un Favorable

                                Flexible budget performance report

                                             AirQual Test Corporation

                                       Activity variances for February

                                         Budget Expense   Flexible Bud     Activity

                                       For  140 jobs       For 142 jobs            Variances

Lab Operating Expense     9320                       9386               66 Unfav            

Activity variances = Flexible Budget Expenses -  Planned budgeted Expenses

Activity variances = $9,386-  ($4,700 +$33 *140)

Activity variances = $9,386-  ($4,700 +$4620)

Activity variances = $9,386- 9320= 66 UnFavorable

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.