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			Variable Component per Job			Actual Total for February
Revenue				$	280		$	33,650
Technician wages	$	8,300					$	8,150
Mobile lab operating expenses	$	4,900		$	35		$	9,290
Office expenses	$	2,800		$	4		$	3,170
Advertising expenses	$	1,590					$	1,660
Insurance	$	2,870					$	2,870
Miscellaneous expenses	$	960		$	2		$	525

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $35 per job, and the actual mobile lab operating expenses for February were $9,290. The company expected to work 130 jobs in February, but actually worked 140 jobs.

Required:

Prepare a flexible budget performance report showing AirQual Test Corporations revenue and spending variances and activity variances for February.

AirQual Test Corporation
Flexible Budget Performance Report
For the Month Ended February 28
	Actual Results			Flexible Budget			Planning Budget
Jobs	140
Revenue	$33,650
Expenses:
Technician wages	8,150
Mobile lab operating expenses	9,290
Office expenses	3,170
Advertising expenses	1,660
Insurance	2,870
Miscellaneous expenses	525
Total expense	25,665
Net operating income	$7,985