actual results for the month of February Fixed Component per Month Variable Component per Job $ 278 Revenue Technician wagen Mobile lab operating expenses office expenses Advertising expenses Insurance Miscellaneous expenses $ 8,500 $4,600 $ 2,400 $1,570 $ 2.800 $ 970 $ 33 $3 Actual Total tor February $ 30,610 $ 8,350 $ 8,400 $ 2,610 $ 1.640 $ 2,880 $ 515 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,600 plus $33 per job, and the actual mobile lab operating expenses for February were $8,400. The company expected to work 120 jobs in February, but actually worked 124 jobs. Required: Prepare a flexible budget performance report showing AirGual 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.) AlrQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Revenue and Flexible Results Spending Variances Budget 124 124 Activity Variances Jobs Planning Budget 120 $ 30,610 $ 44120 $ 40.442 s 2,662 150 F 8,500 Revenue Expenses Technician wages Mobile la operating O Densos Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 8.350 8,400 2,610 1,640 2,880 515 24,395 $ 0.215