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			Variable Component per Job			Actual Total for February
Revenue				$	277		$	36,030
Technician wages	$	8,400					$	8,250
Mobile lab operating expenses	$	4,800		$	31		$	8,980
Office expenses	$	2,400		$	3		$	2,670
Advertising expenses	$	1,550					$	1,620
Insurance	$	2,900					$	2,900
Miscellaneous expenses	$	960		$	2		$	545

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $31 per job, and the actual mobile lab operating expenses for February were $8,980. The company expected to work 140 jobs in February, but actually worked 146 jobs.

Required:

Prepare a flexible budget performance report showing AirQual Test Corporations 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 Results Flexible Budget Planning Budget Jobs 146 Revenue $ 36,030 Expenses Technician wages Mobile lab operating 8,250 8,980 2,670 1,620 2,900 545 24,965 $ 11,065 expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income