5 actual results for the month of February Fixed Component per Month 22.41 points Revenue Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses $ 8,500 $ 4,700 $ 2,400 $ 1,610 $ 2,880 $ 940 Variable Actual Total Component per Job for February $ 276 $ 30,370 $ 8,350 $ 30 $ 8,140 $ 2 $ 2,490 $ 1,680 $ 2,880 $ 1 $ 365 eBook The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,700 plus $30 per job, and the actual mobile lab operating expenses for February were $8,140. The company expected to work 120 jobs in February, but actually worked 128 jobs. Print References Required: Prepare a flexible budget performance report showing Air Qual 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 (i.e., zero variance). Input all amounts as positive values.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget 128 Planning Budget Jobs Revenue $ 30,370 8.350 8,140 Expenses: Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 2,490 1,680 2.880 365 23,905 $ 6,4651