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 Office expenses Advertising expenses Insurance Miscellaneous expenses Fixed Variable Component Component per Month per Job $280 $8,300 $4,900 $ 35 $2,300 $ 2 $1,560 $2,880 $ 920 $ 2 Actual Total for February $30,850 $ 8,150 $ 8,940 $ 2,390 $ 1,630 $ 2,880 $ 465 The company uses the number of Jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $35 per job, and the actual mobile lab operating expenses for February were $8,940. The company expected to work 120 jobs in February, but actually worked 128 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.) ror the lionth ended repruary 20 Actual Flexible Results Budget 128 Planning Budget Jobs Revenue 30,850 30,850 Expenses: Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 8,150 8,940 2,390 1,630 2,880 465 24,455 6.395