Fixed Variable Component Component per Actual Total per Month Revenue Technician wages Office expenses Job $ 276 for February $ 38,650 $ 8,100 $ 7,950 Mobile lab operating expenses $ 4,600 $ 34 $ 9,540 $ 2,300 $ 4 $ 2,750 Advertising expenses $ 1,590 $ 1,660 Insurance $ 2,880 $ 2,880 Miscellaneous expenses $ 940 $ 1 $ 395 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,600 plus $34 per job, and the actual mobile lab operating expenses for February were $9,540. The company expected to work 150 jobs in February, but actually worked 156 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 Expenses: Technician wages Actual Results 156 $ 38,650 7,950 Flexible Planning Budget Budget