239 8 AirQuel 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 Revenue Technic Lan wages office expenses Variable Fixed Component Component per per Panth Actual Total for February $30,450 5277 Mobile Lab operating expenses $4,000 1 33 12.300 52 Advertising expenses $1,500 0,700 2.394 $1,650 Insurance $2.870 32,870 Miscellaneous expenses 948 485 Check my work Mc Graw The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plu $33 per job, and the actual mobile lab operating expenses for February were $8,700. The company expected to work 120 jobs in February, but actually worked 124 jobs. Required: Prepare a fexible budget performance report showing AirQual Test Corporation's 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 e, zero variance). Input all amounts as positive values.) AirGal Test Corporation Plast Budget Performance Raport Far the Mart Ended February 28 Jobe Revenue The wa Resus 124 330.490 Flexible Budget Planning Bodger 8050! < Prev of 15 Next > 2.33 allook Mc Graw February, but actually worked 124 jobs Required: Prepare a flexible budget performance report showing AirQual Test Corporation's 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 na effect (ie, zero variance). Input all amounts as positive values.) Jobs Revenue Expenses Technician wages Actual Results 124 AQual Test Corporation xible Budget Performance Report For the Month Endad February 25 $ 30,490 8.050 Mobile lab operating 1,700 expenses Office expenses 2.390 Advertising expenses 1,050 Insurance 2,870 Miscellaneous expenses 485 Total expense 24,145 Net operating income $6,345 Flexible Budget Pening Budget < Previ 8 of 15 Next >