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 Technician wages Mobile lab operating expenses ottice expenses Advertising expenses Insurance Mycellaneous expenses Variable Fixed Component Component per per Month Job 5278 $ 8,400 $4,600 5 31 $ 2,400 $3 $ 1,599 $ 2,850 $ 960 $ 1 Actual Total for February $39,950 $ 8,250 $ 9,090 $ 2,700 $ 1,660 $ 2,850 415 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,600 plus $31 per job, and the actual mobile lab operating expenses for February were $9,090. The company expected to work 150 jobs in February, but actually worked 158 jobs. Required: Prepare a flexible budget performance report showing Air Qual 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 Actual Flexible Results Budget Planning Budget Jobs 158 $ 38,950 8.250 Revenue Expenses Technician wagos Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Not operating income 9,090 2.700 1,660 2.850 415 24.965 $ 13,985