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: Revenue Variable Component per Job $279 Actual Total for February $ 30,730 Fixed Component per Month Technician vages $ 8,500 $ 8,350 Mobile lab operating expenses $ 4,700 $ 35 $ 8,740 Office expenses $ 2,700 $ 2 $ 2,790 Advertising expenses $ 1,610 $ 1,680 Insurance $ 2,880 $ 2,880. Miscellaneous expenses $ 950 $ 2 $ 495 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,700 plus $35 per job, and the actual mobile lab operating expenses for February were $8,740. The company expected to work 120 jobs in February, but actually worked 124 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 (l.e., zero variance). Input all amounts as positive values.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 281 Actual Results Jobs Revenue 124 $ 30,730 Expenses: Technician wages 8.350 Mobile lab operating expenses 8,740 Office expenses 2,790 Advertising expenses 1,680 Insurance 2,880 Miscellaneous expenses 495 Total expense 24,935 Planning Flexible Budget Budget