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 Component Component per Actual Total per Month Job for February Revenue $ 276 $ 30,370 Technician wages $ 8,100 $ 7,950 Mobile lab operating expenses $ 4,800 $ 31 58,360 Office expenses $ 2,600 $3 $ 2,810 Advertising expenses $ 1,600 5 1,670 Insurance $ 2,890 $ 2,890 Miscellaneous expenses $ 970 $1 $ 395 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $31 per job, and the actual mobile lab operating expenses for February were $8,360. The company expected to work 120 jobs in February, but actually worked 122 jobs, Required: Prepare a flexible budget performance report showing Air Qual 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 os positive values.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget 122 $ 30,370 Planning Budget Jobs Revenue Expenses Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscelaneous expenses Total expense Not operating income 7950 8360 2.810 1.670 2.890 395 24,075 56,295