Crimson 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 $350 $30,000 Technician Wages $8,000 $15 $9,800 Mobile lab operating expenses $3,000 $30 $5,500 Office expenses $2,000 $10 $2,800 Advertising expenses $1,000 $1,050 Insurance $1,650 $1,650 Miscellaneous expenses $1,200 $5 $1,600 The company uses the number of jobs as its measure of activity. The company expected to work 90 jobs in February, but actually worked 88 jobs. Prepare: A. Flexible Budget Performance Report

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2