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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 Revenue Technician wases Mobile la operating expenses office expenses Advertising expenses Insurance Miscellaneous expenses Fixed Variable Component Component per Actual Total per Month Job for February $ 250 $ 33,650 $ 8,500 $ 8,350 $ 4,800 $ 32 $ 8,800 $ 2,500 $3 $ 2,740 $ 1,560 $ 1,630 $ 2,80 $ 2,880 $950 $1 $385 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $32 per job, and the actual mobile lab operating expenses for February were $8 800. The company expected to work 130 jobs in February, but actually worked 140 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 (ie., zero variance). Input all amounts as positive values.) The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4.800 plus $32 per job, and the actual mobile lab operating expenses for February were $8,800. The company expected to work 130 jobs in February, but actually worked 140 jobs Required: Prepare a flexible budget performance report showing AlrQual Test Corporation's revenue and spending variances and activity varlances for February (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect f.e. zero varionce). Input all amounts os positive values.) Alroual Test Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Flexible Results Budget Planning Budget Jobs 140 Revenue $ 33650 Expenses Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expenso Net operating income 8,350 8.800 2.740 1,630 2 880 385 24.785 $ 8,8651