1. 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				$	278		$	38,950
Technician wages	$	8,500					$	8,350
Mobile lab operating expenses	$	4,600		$	32		$	9,240
Office expenses	$	2,500		$	2		$	2,650
Advertising expenses	$	1,600					$	1,670
Insurance	$	2,900					$	2,900
Miscellaneous expenses	$	940		$	1		$	395

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,600 plus $32 per job, and the actual mobile lab operating expenses for February were $9,240. The company expected to work 150 jobs in February, but actually worked 156 jobs.

Required:

Prepare a flexible budget performance report showing AirQual Test Corporations 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.)