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 $4,900 plus $32 per job, and the actual mobile lab operating expenses for February were $8,260. The company expected to work 110 jobs in February, but actually worked 116 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.) Boyne University offers an extensive continuing education program in many citles throughout the state. For the convenience of its faculty and administrative staff and to save costs, the university operates a motor pool. The motor pool's monthly planning budget is based on operating 24 vehicles; however, for the month of March the university purchased one additional vehicle. The motor pool furnishes gasoline, oll, and other supplies for its automobiles. A mechanic does routine maintenance and minor repairs. Major repalrs are performed at a nearby commerclal garage. The following cost control report shows actual operating costs for March of the current year compared to the planning budget for March. The planning budget was based on the following assumptions: a. $0.14 per mile for gasoline. b. $0.12 per mile for oll, minor repalrs, and parts. c. $36 per automobile per month for outside repairs. d. $72 per automobile per month for Insurance. e. $8,610 per month for salarles and benefits. f. $197 per automobile per month for depreciation. The supervisor of the motor pool is unhappy with the report, claiming it paints an unfalr picture of the motor pool's performance. Requlred: 1. Calculate the spending varlances for March. (Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positlve values.)