Fixed Component Variable Component per Month per Job Revenue $ 276 Actual Total for February $ 35,890 Technician wages $ 8,500 $ 8,350 Mobile lab operating expenses $ 4,900 $ 31 $ 9,080 Office expenses $ 2,300 $ 3 $ 2,570 Advertising expenses $ 1,560 $ 1,630 Insurance $ 2,880 $ 2,880 Miscellaneous expenses $ 960 $ 1 $ 405 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $31 per job, and the actual mobile lab operating expenses for February were $9,080. The company expected to work 140 jobs in February, but actually worked 144 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 Jobs Revenue Actual Results 144 $ 35,890 Expenses: Technician wages 8,350 Mobile lab operating expenses 9,080 Office expenses 2,570 Advertising expenses 1,630 Insurance 2,880 Miscellaneous expenses 405 Flexible Planning Budget Budget