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 Variable Actual Component Component Total for per month per Job February Revenue $ 275 $ 33,000 Technician Wagen $ 8.000 $ 7,850 Mobile lab operating expenses $4,800 $ 32 $ 8,800 office expenses $ 2,700 $ 2,940 Advertising expenses $1.580 $1,650 Insurance $ 2,860 $ 2,860 Miscellaneous expenses $ 970 $ 405 The company uses the number of jobs as its measure of activity. For example, mobile lob operating expenses should be $4,800 plus $32 per job, and the actual mobile lab operating expenses for February were $8,800. The company expected to work 130 jobs in February, but actually worked 134 jobs Required: Prepare a flexible budget performance report showing AlrQual Test Corporation's 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 (.e., zero variance). 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 134 $ 33,000 Jobs Revenue Expenses Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 7,850 8,800 2,940 1,650 2,860 405 24,505 8,495 $