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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

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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 $277 $ 30,490 Technician wages $8,100 $ 7,950 Mobile lab operating expenses $4,900 5-31 58,460 Office expenses $2,000 32 $2,690 Advertising expenses. $1,560 $1,630 Insurance 32,880 $2,800 Miscellaneous expenses $940 $365 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4.900 plus $31 per job, and the actual mobile lab operating expenses for February were $8,460. 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 "P" for favorable. "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.) AirQual Test Corporation Flexibla

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