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				$	275		$	38,500
Technician wages	$	8,300					$	8,150
Mobile lab operating expenses	$	4,900		$	30		$	9,230
Office expenses	$	2,700		$	3		$	3,000
Advertising expenses	$	1,580					$	1,650
Insurance	$	2,880					$	2,880
Miscellaneous expenses	$	960		$	2		$	565

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $30 per job, and the actual mobile lab operating expenses for February were $9,240. The company expected to work 150 jobs in February, but actually worked 154 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	154
Revenue	$38,500
Expenses:
Technician wages	8,150
Mobile lab operating expenses	9,240
Office expenses	3,000
Advertising expenses	1,650
Insurance	2,880
Miscellaneous expenses	565
Total expense	25,485
Net operating income	$13,015