AirQual Test Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations:

	Fixed Component per Month		Variable Component per Job		Actual Total for February
Revenue			$	275	$	30,250
Technician wages	$	8,300			$	8,150
Mobile lab operating expenses	$	4,800	$	29	$	8,440
Office expenses	$	2,600	$	4	$	2,930
Advertising expenses	$	1,600			$	1,670
Insurance	$	2,860			$	2,860
Miscellaneous expenses	$	970	$	2	$	515

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $29 per job, and the actual mobile lab operating expenses for February were $8,440.

The company expected to work 120 jobs in February, but actually worked 116 jobs.

Required:

Complete the 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 Spending Variances Activity Variances Revenue Expenses: Technician wages Mobile lab operating expenses Office expenses Advertising expenses Insurance Miscellaneous expenses Total expense Net operating income