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Air Qual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of

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Air Qual 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 Variable Component per Job Fixed Component per Month $ 8,100 $4,600 $ 2,800 $ 1,590 $ 2.900 Revenue Technician wages Mobile Lab operating expenses office expenses Advertising expenses Insurance Miscellaneous expenses Actual Total for February $30,490 $ 7,950 $ 8.400 $ 3,019 $ 1,660 33 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 128 jobs. 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 fi.e., zero variance). Input all amounts os positive values.) a la cavalca, SAAK . U for unha vorable organismo Moreno Air Qual Test Corporation Flexible Budget Performance Repo For the Month Ended February 28 Actual F lexit Results Bude 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 (.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 Revenue $ 30,490 | Expenses Technician wages Mobile la operating expenses Once expenses 7.950 8.400 3.0101 Advertising expenses 16601 Insurance 2.900 375 Miscellaneous expenses Total expense 24 295 5 195 Net operating income $

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