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Please provide final solutions for the blue outlined boxes in photo 2 from the information provided in photo 1. AirQual Test Corporation provides on-site air

Please provide final solutions for the blue outlined boxes in photo 2 from the information provided in photo 1.

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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: Fixed Component Variable Actual Total per Month Component per Job for February Revenue $ 276 $ 30,370 Technician wages $ 8,500 8,350 Mobile lab operating expenses $ 4,500 $ 33 8,300 Office expenses $ 2,400 3 tA tA tA tA tA tAt 2, 610 Advertising expenses $ 1, 560 1, 630 Insurance $ 2,860 2, 860 Miscellaneous expenses $ 930 $ 2 475 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,500 plus $33 per job, and the actual mobile lab operating expenses for February were $8,300. The company expected to work 120 jobs in February, but actually worked 128 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 Actual Flexible Planning Results Budget Budget Jobs 128 Revenue $ 30,370 Expenses: Technician wages 8,350 Mobile lab operating 8,300 expenses Office expenses 2,610 Advertising expenses 1,630 Insurance 2,860 Miscellaneous expenses 475 Total expense 24,225 Net operating income $ 6,145

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