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 Raven Technician wages Mobile lab operating expenses office expenses Advertising expenses Taurace Miscellaneous expenses Variable Pixed Component Component per Actual Total per Month Job for February 5280 $33.650 $ 8,200 S 8,050 $4,600 $ 31 $ 8,470 $ 2,400 52 $ 2,510 $1,600 $ 1.670 $ 2,000 $ 2,80 $950 515 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,600 plus $31 per job, and the actual mobile lab operating expenses for February were $8,470. The company expected to work 130 jobs in February, but actually worked 138 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 " for favorable, "U" for unfavorable, and "None" for no effecte, zero variance). Input all amounts as positive values.) 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 effect (i.e., zero variance), Input all amounts as positive values.) AlrQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget Planning Budget Jobs 138 Revenue $ 33,650 8.050 8,470 Expenses Technician wages Mobile laby operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 2,510 1,670 2,880 515 24.095 9,555 $