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 Actual Total for February $ 35,890 Fixed Component per Month $ 276 Technician wages $ 8,500 $ 8,350 Mobile lab operating expenses $ 4,900 $ 34 $ 9,500 office expenses $ 2,600 $4 Advertising expenses $ 1,580 $ 3,010 $1,650 Insurance Miscellaneous expenses $ 2,900 $ 960 $ 2,900 $ 2 $ 545 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $34 per job, and the actual mobile lab operating expenses for February were $9,500. The company expected to work 140 jobs in February, but actually worked 148 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 (i.e., zero variance). Input all amounts as positive values.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Jobs Revenue Actual Results 148 $ 35,890 Expenses: Technician wages 8,350 Mobile lab operating expenses 9,500 Office expenses 3,010 Advertising expenses 1,650 Insurance 2,900 Miscellaneous expenses 545 Total expense 25,955 Flexible Planning Budget Budget