actual results for the month of February: Fixed Variable Component Component per Actual Total per Month for February Job Revenue $ 276 $ 33,130 Technician wages $ 8,400 $ 8,250 Mobile lab operating expenses $ 4,800 $ 32 $ 8,800 Office expenses $ 2,600 $ 3 $ 2,840 Advertising expenses $ 1,600 $ 1,670 Insurance $ 2,880 Miscellaneous expenses $ 920 $ 1 $ 2,880 $ 355 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $32 per job, and the actual mobile lab operating expenses for February were $8,800. The company expected to work 130 jobs in February, but actually worked 136 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 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 Jobs Actual Results 136 $ 33,130 Revenue Expenses: Technician wages 8,250 Mobile lab operating expenses 8,800 Office expenses 2,840 Advertising expenses 1,670 Insurance 2,880 Miscellaneous expenses Total expense Net operating income 355 24,795 $ 8,335 Flexible Planning Budget Budget