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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

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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 Fixed Component Component per Actual Total for February $30,370 $ 8,150 $ 8,280 $2,790 1,660 $2,880 $355 per Month Job $276 Revenue Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses $8,300 $4,600 2,700 1,590 $ 2,880 $ 930 $ 32 The company uses the number of jobs as Its measure of activity. For example, mobile lab operating expenses should be $4,600 plus $32 per job, and the actual mobile lab operating expenses for February were $8,280. The company expected to work 120 jobs in February, but actually worked 126 Jobs Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending varlances and activity varlances for February. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero varlance). Input all amounts as posltive values.) AirQual Test C Flexible Budget Performance Report For the Month Ended February 28 Actual Results Spending Variances Flexible Bud Revenue and Activity Variances Planning Bud Jobs 126 126 120 Revenue 5 30,370 Expenses: Technician wages Mobile lab operating expenses Office expenses 8,150 8,280 2,790 1,660 2,880 355 24,115 S 6,255 Miscellaneous expenses Total expense Net operating income

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