AirGual 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: Revenue Technician wages Mobile lab operating expenses Ottice expenses Advertising expenses Insurance Miscellaneous expenses Variable Tixed Component Component per Actual Total per Month Job for February $ 280 $ 30,850 $ 8,500 $ 9,350 $ 4,900 $ 33 $ 8,700 $ 2,200 $ 2 $ 2,290 $1,610 $ 1,680 52,860 $ 2,860 $ 970 $ 515 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4.900 plus $33 per Job, and the actual mobile lab operating expenses for February were $8,700. The company expected to work 120 jobs in February, but actually worked 126 Jobs Required: Prepare a flexible budget performance report showing AlrQual 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 (1.0, zero variance). Input all amounts as positive values.) Air Qual Test Corporation Flexible Budget Performance Report For the Month Ended February 21 Actual Flexible Results Budget 126 Planning Budget Jobs $ 30,850 0.350 Ravenue Expenses Technician wages Mobile ab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 8.700 2,290 1,600 2,860 515 24,395 5.456