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 Component per Job Actual Total for February Revenue $ 278 $ 33,390 Technician wages $ 8,300 $ 8,150 Mobile lab operating expenses $ 4,800 $ 33 $ 8,930 Office expenses $ 2,400 $ 3 $ 2,640 Advertising expenses $ 1,610 $ Insurance $ 2,870 1,680 $ 2,870 Miscellaneous expenses $ 970 $ 1 $ 405 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $33 per job, and the actual mobile lab operating expenses for February were $8,930. The company expected to work 130 Jobs In February, but actually worked 136 Jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending varlances and activity variances for February. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.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 Revenue and Spending Variances 136 $ 33,390 Expenses: Technician wages 8,150 Mobile lab operating expenses 8,930 Office expenses 2,640 Advertising expenses 1,680 Insurance 2,870 Miscellaneous expenses 405 Total expense 24,675 Net operating income $ 8,715 Flexible Budget Activity Variances Planning Budget