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 8360 Revenue Technician wagen Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expensen $ 6,400 $ 2,900 $ 2,600 $ 970 $ 1,600 $ 500 $ 35 $ 2 Actual Total for February $18,950 $ 6,450 $4,530 $3,050 $ 995 $ 1.680 $ 465 $ 3 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $2,900 plu $35 per job, and the actual mobile lab operating expenses for February were $4,530. The company expected to work 50 jobs in February, but actually worked 52 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 ne effect (t.e., zero variance). Input all amounts as positive values.) AlrQual Tost Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Results Flexible Budget Planning Budget Jobs 52 $ 18,950 6,450 4,530 Revenue Expenses : Technician wages Mobile tab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 3,050 995 1,680 465 17,170 1,780 $ HE