Check my work Exercise 9-17 Flexible Budget Performance Report (LO9-1, LO9-2, LO9-3, LO9-4) 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 points Fixed Component per Month Print Revenue Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Reference Variable Component per Actual Total Job for February $ 279 $36.310 $ 7.850 $31 $ 9.180 $ 2,710 $ 1,650 $2.860 $ 405 $ 8.000 $ 5.000 $ 2.300 $1.580 $2.860 $ 960 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $5,000 plus $31 per job, and the actual mobile lab operating expenses for February were $9.180. The company expected to work 140 jobs in February, but actually worked 144 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 variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effectie, zero variance), Input all amounts as positive values.) Check my work AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget points Revenue $ 36,3107 References 7,850 9.180 Expenses Technician wages Mobile lab operating expenses Otice expenses Advertising expenses Insurance Miscellaneous expenses Total expense 2.710 1.650 2.880 24,655 Net operating income $ 11,655