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:

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $$4,600$ plus

$$31$ per job, and the actual mobile lab operating expenses for February were $$8,160.$ The company expected to work $120$ jobs in

February, but actually worked $124$ 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.$)$