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AirQual Test Corporation provides on-site air quality testing services. The company has provided the following...

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Accounting

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:
The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus
$34 per job, and the actual mobile lab operating expenses for February were $9,160. The company expected to work 130 jobs in
February, but actually worked 138 jobs.
Required:
Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity
variances 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.
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