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 Fixed Component per Month Revenue Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses $ 8,500 $ 4,700 $ 2,600 $ 1,620 $ 2,870 $ 970 Variable Actual Total Component per Job for February $ 277 $ 38,8ee $ 8,350 $32 $ 9,190 $ 2 $ 2,75e $ 1,690 $ 2,870 $ 1 $ 425 inces The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4.700 plus $31 per job and the actual mobile lab operating expenses for February were $9.190. The company expected to work 150 jobs in February, but actually worked 156 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 (i.e., zero variance). Input all amounts as positive values.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget 156 Planning Budget Jobs $ 38,800 Revenue Expenses Technician wagos Mobile lab operating expenses Office expenses Advertising expenses 8,350 9,190 2.750 1,690 $ 970 $ 1 $ 425 Miscellaneous expenses The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $31 per job, and the actual mobile lab operating expenses for February were $9.190. The company expected to work 15 February, but actually worked 156 jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and variances for February (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and " effect fi.e., zero variance), Input all amounts as positive values.) Air Qual Test Corporation Flexible Budget Performance Report For the Month Ended February 20 Achial Flexible Results Budget 158 Planning Budget Jobs $ 38,800 Revenue Expenses Technician wages Mobile operating expenses Office expenses Advertising expenses Insurance Mincanous expenses Total expense Net operating income 8.350 9,190 2.750 1,690 2.870 425 25 275 $ 13,525 Prey 1 of 1 !!! Next > e to search O E @ 0 Prison Home 3 5