Exerclse 9-16 (Algo) 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: The company uses the number of jobs as its measure of octivity. For example. mobile lab operoting expenses should be $4,700 plus $35 per job, and the actual mobile lab operating expenses for February were $9,440. The company expected to work 140 jobs in February, but octually worked 142 jobs Required: Prepare a flexible budget performance teport showing Airoval Test Corporations ievenue and spending variances and activity variances for febraary findicate the effect of eact voriance by selecting " F" for favorable, "U " for unfavorable, and "None" for no effect (i.e., zeto variance). input oll omounts as positive values.) effect (i.e., zero variance). Input all amounts as positive values.)