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 Revenue Technician wages Mobile la operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses $ 8,500 $ 4,500 $ 2,600 $ 1,570 5 2,000 $ 970 Variable Actual Total Component per Job for February $ 276 $ 35,890 $ 8,350 $ 34 59,100 $ 4 $ 3,010 $ 1,640 $ 2,380 5 1 $ The company uses the number of jobs as its measure of activity For example, mobile tab operating expenses should be $4.500 plus $34 per job and the actual mobile lab operating expenses for February were $9,100. The company expected to work 140 jobs in February, but actually worked 150 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 for favorable. "U" for unfavorable, and "None" for no effect (.e., zero variance), Input all amounts as positive values.) AirQual Test Corporation Flexible budget Performance Report For the Month Ended February 20 Actual Flexible Results Budget 150 150 Planning Budget 140 Jobs $ 35.000 Revenue Expenses Technician wiges Mobile ab operating expenses Omce pense Advertising expenses Insurance Miscaneous expenses Total expense et operating income 350 0.100 3010 1.540 2.880 415 25395 110,495