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 Variable Component Component per Actual Total per Month Job for February Revenue Technician wages office expenses $ 280 $ 30,850 $ 8,200 $ 8,050 Mobile lab operating expenses $ 4,900 $ 33 $ 8,700 $ 2,800 $ 3 $ 3,010 Advertising expenses $ 1,570 $ 1,640 Insurance $ 2,870 Miscellaneous expenses $ 950 $ 1 $ 2,870 $ 375 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $33 per job, and the actual mobile lab operating expenses for February were $8,700. The company expected to work 120 jobs in February, but actually worked 128 jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity varlances for February. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Jobs Actual Results 128 $ 30,850 Revenue Expenses: Technician wages 8,050 Mobile lab operating expenses 8,700 Office expenses 3,010 Advertising expenses 1,640 Insurance 2,870 375 Miscellaneous expenses Total expense Net operating income 24,645 $ 6,205 Flexible Planning Budget Budget