AirQual Test Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations:

	Fixed Component per Month		Variable Component per Job		Actual Total for February
Revenue			$	275	$	27,500
Technician wages	$	8,100			$	7,950
Mobile lab operating expenses	$	4,900	$	27	$	8,030
Office expenses	$	2,600	$	2	$	2,670
Advertising expenses	$	1,560			$	1,630
Insurance	$	2,850			$	2,850
Miscellaneous expenses	$	930	$	1	$	345

1) The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $27 per job, and the actual mobile lab operating expenses for February were $8,030.

The company expected to work 110 jobs in February, but actually worked 106 jobs.

Required:

Complete the 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 CORPARATION

FLEXIBLE BUDGET PERFORMANCE REPORT

FOR THE MONTH ENDED FEBURARY 28

	Revenue and spending variance	Activity variance
Revenue	? (F/U/None)	? (F/U/None)
Expenses:	-	-
Technician wages	?(F/U/None)	?(F/U/None)
Mobile lab operating expenses	?(F/U/None)	?(F/U/None)
office expenses	?(F/U/None)	?(F/U/None)
Advertising expenses	?(F/U/None)	?(F/U/None)
Insurance	?(F/U/None)	?(F/U/None)
Miscellaneous expenses	?(F/U/None)	?(F/U/None)
Total expenses	?(F/U/None)	?(F/U/None)
Net operating income	?(F/U/None)	?(F/U/None)