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 Fixed Component per Month Revenue Technician wages Mobile lab operating expenses office expenses Advertising expenses Insurance Miscellaneous expenses 5 8,180 $ 4,600 5.2,600 5 1,610 $ 2,880 5 960 Variable Actual Total Component per ob for February $ 280 5 36,450 $ 7,950 $ 32 $ 8,920 Sa $ 2,870 $1,650 $ 2,850 52 5 545 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,600 plus $32 per job, and the actual mobile lab operating expenses for February were $8.920 The company expected to work 140 jobs in February, but actually worked 148 jobs. Required: Prepare a flexible budget performance report showing Air Qual Test Corporation's revenue and spending variances and activity vanances for February (Indicate the effect of each varionce by selecting "F* for favorable. "U" for unfavorable, and "None" for no effect (.e., zero variance). Input ollomounts as positive values.) Air Qual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget Planning Budget Jobs 148 $ 35.450 Revue Expenses Technician wagas Mobile la operating expenses Office expenses Advertising expenses Insurance Miscellaneous expension Total expense Not operating income 7.950 8.920 2370 1,680 2.800 545 24345 5 116051