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Help Save&ExitSubm AirQual Test Corpor actual results for the month of February ation provides on-site air quality testing services. The company has provided the following

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Help Save&ExitSubm AirQual Test Corpor actual results for the month of February ation provides on-site air quality testing services. The company has provided the following cost formulas and ariable Fixed Component Component per Actual Total Revenue Techniclan vages Mobile lab operating expenses office expenses Advertising expenses 279 36,310 $ 8,150 9,180 3,110 1 , 650 s 2,850 $545 8,300 5 5,000 s 2,700 1,580 2, 850 s 960 s 31 insurane sce11aneous expenses 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 146 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 effect (i-e., zero variance). Input all amounts as positive values) AirQual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 364p0 0.180 3,110 1,850 Office expenses Net operating income G Search or type URL delete

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