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: Variable Fixed Component Component per Actual Total per Month Revenue Technician wages Office expenses Job $279 for February $39,100 $8,300 Mobile lab operating expenses $ 8,150 $4,900 $ 30 $ 9,240 $ 2,800 $ 4 $ 3,250 Advertising expenses Insurance $ 1,580 $2,880 $1,650 Miscellaneous expenses $ 2,880 $ 930 $ 2 $ 535 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $30 per job, and the actual mobile lab operating expenses for February were $9,240. The company expected to work 150 jobs in February, but actually worked 154 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 Jobs Revenue Flexible Budget Performance Report For the Month Ended February 28 Actual Results Flexible Budget Planning Budget 154 $ 39,100 Expenses: Technician wages 8,150 Mobile lab operating 9,240 Prenses