AirQual Test Corporation provides on-site air quality testing services. The company provided the following cost formulas...

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AirQual Test Corporation provides on-site air quality testing services. The company provided the following cost formulas and actual results for the month of February: Fixed Component per Month Variable Component Revenue per Job $ 360 Actual Total for February $ 18,950 Technician wages $ 6,400 $ 6,450 Mobile lab operating expenses $ 2,900 $ 35 $ 4,530 Office expenses Advertising expenses Insurance Miscellaneous expenses $ 2,600 $ 970 $ 1,680 $ 500 $ 2 $ 3,050 $ 995 $ 1,680 $ 3 $ 465 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $2,900 plus $35 per job, and the actual mobile lab operating expenses for February were $4,530. The company expected to work 50 jobs in February but actually worked 52 jobs. Required: Prepare a flexible budget performance report for February. Note: 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 Jobs Revenue Expenses: Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expenses Net operating income EA Flexible Budget Performance Report For the Month Ended February 28 Flexible Planning Actual Results Budget Budget EA $ 52 18,950 6,450 4,530 3,050 995 1,680 465 17,170 1,780 AirQual Test Corporation provides on-site air quality testing services. The company provided the following cost formulas and actual results for the month of February: Fixed Component per Month Variable Component Revenue per Job $ 360 Actual Total for February $ 18,950 Technician wages $ 6,400 $ 6,450 Mobile lab operating expenses $ 2,900 $ 35 $ 4,530 Office expenses Advertising expenses Insurance Miscellaneous expenses $ 2,600 $ 970 $ 1,680 $ 500 $ 2 $ 3,050 $ 995 $ 1,680 $ 3 $ 465 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $2,900 plus $35 per job, and the actual mobile lab operating expenses for February were $4,530. The company expected to work 50 jobs in February but actually worked 52 jobs. Required: Prepare a flexible budget performance report for February. Note: 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 Jobs Revenue Expenses: Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expenses Net operating income EA Flexible Budget Performance Report For the Month Ended February 28 Flexible Planning Actual Results Budget Budget EA $ 52 18,950 6,450 4,530 3,050 995 1,680 465 17,170 1,780