AirAssurance Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations:
|Mobile lab operating expenses||$||4,900||$||29||$||7,960|
The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $29 per job, and the actual mobile lab operating expenses for March were $7,960.
|The company expected to work 100 jobs in March, but actually worked 98 jobs.|
Complete the flexible budget performance report showing AirAssurance Corporation’s activity variances and revenue and spending variances for March. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)