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AirQual Test Corporation provides on$-$site air quality testing services. The company provided the following cost formulas and actual results for the month of February:

$\backslash$table$[[,$Fixed Component per Month,Variable Component per Actual Total Job for February$],[$Revenue$,,$$ $276,$$ $35,890],[$Technician wages,$ $8,300,,$$ $8,150],[$Mobile lab operating expenses,$ $4,900,$$ $33,$$ $9,360],[$Office expenses,$ $2,700,$$ $3,$$ $2,970],[$Advertising expenses,$ $1,570,,$$ $1,640],[$Insurance$,$$ $2,870,,$$ $2,870],[$Miscellaneous expenses,$ $980,$$ $2,$$ $565]]$

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $$4,900$ plus $$33$ per job, and the actual mobile lab operating expenses for February were $$9,360.$ The company expected to work $140$ jobs in February but actually worked $148$ jobs.

Required:

Prepare a flexible budget performance report for February.

Note: 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.

$\backslash$table$[[$AirQual Test Corporation$],[$Flexible Budget Performance Report$],[,$For the Month Ended February $28],[$Actual$,]]$FINAL$)-$ CH $8-10$ i

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Required:

Prepare a flexible budget performance report for February.

Note: 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.

$1$:$55$:$12$

$\backslash$table$[[$AirQual Test Corporation$],[$Flexible Budget Performance Report$],[$For the Month Ended February $28],[,$Actual Results,Flexible Budget,Planning Budget$],[$Jobs$,148,,],[$Revenue$,$$ $35,890,,],[$Expenses:$,,,],[$Technician wages,$8,150,,],[$Mobile lab operating expenses,$9,360,,],[$Office expenses,$2,970,,],[$Advertising expenses,$1,640,,],[$Insurance$,2,870,,],[$Miscellaneous expenses,$565,,],[$Total expenses,$25,555,,],[$Net operating income,$ $10,335,,]]$

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