Please help with a step-by-step solution. Having the answers doesn't allow for understanding with this topic.

*Also, please note the answer format needed for this question is different than the others posted. ("Revenue and Spending Variances" and "Activity Variances" seem to have different formatting.)

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 per Month Variable Component per Job Actual Total for February Revenue $ 278 $ 33,390 Technician wages $ 8,400 $ 8,250 Mobile lab operating expenses $ 4,800 $ 32 $ 8,800 Office expenses $ 2,500 $ 4 $ 2,870 Advertising expenses $ 1,570 $ 1,640 Insurance $ 2,880 $ 2,880 Miscellaneous expenses $ 920 $ 2 $ 485 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 132 jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporations 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 Revenue and BudgetActivity VariancesPlnning Budget 130 Actual Results Flexible Variances Jobs 132 132? Revenue 33.390 Expenses: 8,250 8,800 2.870 1.640 2,880 485 24,925 8,465 Technician wages Mobile lab operating Office expenses Insurance Miscellaneous expenses Total expense Net operating income