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 Actual Total Component per Job for February Revenue $277 $ 30,490 Technician wages $ 8,200 $ 8,050. Mobile lab operating expenses $ 4,900 $ 32 $ 8,580 office expenses $ 2,300 $ 4 $ 2,630 Advertising expenses $ 1,560 $ 1,630 Insurance $ 2,900 $ 2,900 Miscellaneous expenses. $ 930 $ 1 $ 355 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plu $32 per job, and the actual mobile lab operating expenses for February were $8,580. The company expected to work 120 jobs in February, but actually worked 126 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 n effect (i.e., zero variance). Input all amounts as positive values.) AirQual Test Corporation Flexible Budget Performance Report Jobs Actual Results 126 For the Month Ended February 28 Flexible Budget Planning Budget < Prev 7 of 7 Nex Jobs AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Results 126 Revenue $ 30,490 Expenses: Technician wages 8,050 Mobile lab operating 8,580 expenses Office expenses 2,630 Advertising expenses 1,630 Insurance 2,900 Miscellaneous expenses 355 Total expense 24,145 Net operating income $ 6,345 Prov 7 of 7 Flexible Budget Planning Budget