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Exercise 9-17 Flexible Budget Performance Report [LO9-1, LO9-2, LO9-3, LO9-4] Airgual fest corporationtprovides on-site dir quality lesting services. The company has provided the following cost

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Exercise 9-17 Flexible Budget Performance Report [LO9-1, LO9-2, LO9-3, LO9-4] Airgual fest corporationtprovides on-site dir quality lesting services. The company has provided the following cost formatas and actuatresults for the month of February: The company uses the number of jobs as its measure of activity. For example, moblle lab operating expenses should be $4,900 plus $30 pet job, and the octual moble lab operoting expenses for Februaty were $8,540. The company expected to work 130 jobs in Februaty, but actually wotked 140 jobs. Requlred: Prepsre-a flexible budget performance report showing. Aliqus Test Corporation's revenue and spending variances and activity variances for February. (indicate the effect of each varlance by selecting "F" for favorabie, " U " for untavorable, and "None" for no effect (lien, rero variance). input alf amounts as positive vatues.) Exercise 9-17 Flexible Budget Performance Report [LO9-1, LO9-2, LO9-3, LO9-4] Airqual Test Corporationprovides on-sile air quality lesting services. The company has provided the following cost formulas and: actuat fesuits for the month of February: The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $30 per job, and the actual mobile lab operating expenses for february were $8,540. The company expected to work 130 jobs in Februaty, but actually worked 140 jobs. Required: Prepare a fiexible budget performance report showing AlrQual Test Corporation's revenue and spending varfances and activity variances for february. (indicate the effect of each variance by selecting " F " for favorable, "U " for unfavorable, and "None" forno effect (li.e., zero varlance), input all amounts as positlve values.)

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