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		$	27,720
Technician wages	$	8,300					$	8,150
Mobile lab operating expenses	$	4,700		$	32		$	8,060
Office expenses	$	2,200		$	4		$	2,490
Advertising expenses	$	1,580					$	1,650
Insurance	$	2,860					$	2,860
Miscellaneous expenses	$	940		$	1		$	355

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 $8,060. The company expected to work 110 jobs in February, but actually worked 116 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.)

AirQual Test Corporation
Flexible Budget Performance Report
For the Month Ended February 28
	Actual Results			Flexible Budget			Planning Budget
Jobs	116
Revenue	$27,720
Expenses:
Technician wages	8,150
Mobile lab operating expenses	8,060
Office expenses	2,490
Advertising expenses	1,650
Insurance	2,860
Miscellaneous expenses	355
Total expense	23,565
Net operating income	$4,155