AirQual 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:

$\backslash$table$[[,\backslash$table$[[$Fixed$],[$Component$],[$per Month$]],\backslash$table$[[$Variable$],[$Component$],[$per Job$]],\backslash$table$[[$Actual$],[$Total for$],[$February$]]],[$Revenue$,$$$8,000,$$$276,$$$38,650$

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 provides on$-$site air quality testing services. The company has provided the following cost formulas and actual results for the month of February:

$\backslash$table$[[,\backslash$table$[[$Fixed$],[$Component$],[$per Month$]],\backslash$table$[[$Variable$],[$Component$],[$per Job$]],\backslash$table$[[$Actual$],[$Total for$],[$February$]]],[$Revenue$,$$$8,000,$$$276,$$$38,650$