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 Pixed Component Component per Actual Total per Month Job for February 33,130 $8,350 S8,670 Revenue Technician wages Mobile lab operating expenses office expenses Advertising expenses Insurance Miscellaneous expenses s 276 $8,500 $ 4,800 $ 2,300 $ 1,560 s 2,850 $ 930 $1,630 2,850 495 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $31 per job, and the actual mobile lab operating expenses for February were $8,670. The company expected to work 130 jobs in February, but actually worked 138 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 Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Planning Bud Jobs 138 Revenue $ 33,130 Expenses: Technician wages Mobile lab operating Office expenses Advertisina expenses 8,350 8,670 2,670 1,630 expenses The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $31 per job, and the actual mobile lab operating expenses for February were $8,670. The company expected to work 130 jobs in February, but actually worked 138 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 Flexible Budget Performance Report For the Month Ended February 28 Flexible Planning Bud Actual Jobs 138 Revenue $ 33,130 Expenses: Technician wages Mobile lab operating 8,350 8,670 2,670 1,630 2,850 495 24,665 $ 8,465 expenses Office expenses Advertising expenses Insurance Total expense Net operating income