Al Qudi lest Corporation provides on-site all quality lesung services. The company lids provided the lollowing COSL Tomulds and actual results for the month of February: Fixed Component per Month Revenue Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses $ 8,300 $ 4,700 $ 2,500 $ 1,580 $ 2,900 $ 950 Variable Actual Total Component per Job for February $ 280 $ 30,850 $ 8,150 $ 35 $ 8,740 $ 3 $ 2,710 $ 1,650 $ 2,900 $ 1 $ 375 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,700 plus $35 per job, and the actual mobile lab operating expenses for February were $8,740. The company expected to work 120 jobs in February, but actually worked 124 jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for February (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance). Input all amounts as positive values.) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Results Revenue and Spending Variances Flexible Budget Activity Variances Planning Budget Jobs 124 $ 30,850 Revenue Expenses: Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income 8,150 8,740 2.710 1,650 2,900 375 24,525 6,325 $