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 Component per Job $ 279 Fixed Component per Month Revenue Technician wages $ 8,300 Mobile lab operating expenses $ 4,500 Office expenses $ 2,700 Advertising expenses $ 1,590 Insurance $ 2,860 Miscellaneous expenses $ 960 Actual Total for February $ 39, 100 $ 8,150 $ 9,590 $ 3,000 $ 1,660 $ 2,860 $ 565 $ 35 $ 3 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4.500 plus $35 per job, and the actual mobile lab operating expenses for February were $9.590. The company expected to work 150 jobs in February, but actually worked 158 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 varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero varlance). Input all amounts as positive values.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget Planning Budget Jobs Revenue 158 $ 39,100 Expenses: Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 8.150 9,590 3,000 1.680 2,860 565 25,825 S 13,275