AirQual Test Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations: Fixed Variable Actual Component Component Total for per Month per Job February 276 $35,890 Revenue Technician wages $8,200 8,050 $4,600 26 8,400 Mobile lab operating expenses $2,300 3 2,570 Office expenses $1,560 1,630 Advertising expenses $2,880 2,880 Insurance 375 Miscellaneous expenses 930 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,600 plus $26 per job, and the actual mobile lab operating expenses for February were $8,400. The company expected to work 140 jobs in February, but actually worked 132 jobs. Required: Complete the 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 a amounts as positive values.) Answer is not complete AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Revenue and Spending Variances Activity Variances S 542 v S 2,208 U Revenue Expenses: 150 F 0 None Technician wages 368 U F Mobile lab operating expenses 126 F Office expenses None 70 Advertising expenses None OV None Insurance 687 F Miscellaneous expenses Total expense Net operating income