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				$	277		$	38,800
Technician wages	$	8,400					$	8,250
Mobile lab operating expenses	$	4,700		$	32		$	9,340
Office expenses	$	2,600		$	3		$	2,900
Advertising expenses	$	1,610					$	1,680
Insurance	$	2,850					$	2,850
Miscellaneous expenses	$	930		$	2		$	535

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,700 plus $32 per job, and the actual mobile lab operating expenses for February were $9,340. The company expected to work 150 jobs in February, but actually worked 154 jobs.

Required:

Prepare a flexible budget performance report showing AirQual Test Corporations 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.)

A Tous Test Corporation provides on-site sir usllty testing Price: The company has provided the following cost formules and actual results for the month of February Fixed Cont Variable Actuel Total por oth Component per Job for bar Have $ 271 $ 38,880 Technician wages $ 8,250 Mobito lab operating posts $4,100 $ 32 $ 9,340 Office $ 2,600 $ $ 2,90 Advertising expenses $1,610 $ 1.60 Insurance $ 2,950 $ 2,50 Miscellas perses $ 535 The company was the number of jobs 55 tsmessure of sctvity. For example, mobile is operating expenses should be $4700 plus $32 person, and the sctusi mobile operating expenzes for February were $9.340. The company expected to work 150 joos in February, but actually worked 154 jabs Required: Prepare a flexible budget performance report showing Arous Test Corporation's revenue and spending variances and activity variances for February. Undicate the effect of each variance by selecting "F" for fevorable. "U" for unfavorable, and "None for no effect (l... zero varience). Input all amounts as positive values.) AlrGual Tout Corporation Fleuble Budget Performance Report For the Month Ended February 28 Atual Flexible Rocuito Budget Planning Budget Jobs 114 $ 3.800 Ravenna Expo Taidan wages Mobil porno expenses O exponses Advertising expenses Insurance Macasianeous apers Total expense Net sporting income 8.250 9.340 2.900 1.GRO 2850 535 25.665 $ 13.245