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AirQual Test Corporation provides ons'rte air quatity 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 ons'rte air quatity testing services. The company has provided the following cost formulas and actual results for the month of February: Fixed Component Variable Actual Total per Month Component per Job for Februaryr Revenue $ 276 5 27,616 Technician wages $ 3,400 $ 3,259 Mobile lab operating expenses $ 4,?00 $ 33 $ 3,1?0 O'F'Fice expenses 33 2,600 $ 4 $ 2,890 Advertising expenses $ 1, 5'36 $ 1,666 Insurance 3 2,390 $ 2,896 Miscellaneous expenses $ 926 $ 2 3. 445 The company uses the number ofjobs as its measure of activity. For example, mobile lab operating expenses should be $4,?00 plus $33 perjob, and the actual mobile lab operating expenses for February were $8,1T0. The company expected to work 'linobs in February, but actually worked 118jobs. Required: Prepare a exible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for Februa ry. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect {i.e., zero variance}. Input all amounts as positive values-J Jobs Revenue Expenses: Technician wages Mobile lab operating exuenses Ofce expenses Advertising expenses Insurance Miscellaneous expenses Total expense

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