10 Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: 9.09 points Cleaning supplies Electricity Maintenance Hages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per Car per month Hashed $ 0.50 $ 1,460 $ 6.69 $9.29 $ 4,200 $ 0.29 $ 8,168 $ 1,200 $ 1,400 $ 9.05 eBook For example, electricity costs should be $1,400 per month plus $0.09 per car washed. The company expects to wash 8.200 cars in August and to collect an average of $6.00 per car washed. The actual operating results for August are as follows: Ask References 3,329 $ 51,220 Lavage Rapide Income statement For the Month Ended August 31 Actual cars washed Revenue Expenses: Cleaning supplies Electricity Maintenance Hages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 4,680 2,188 1,830 6,220 8,180 2,00 1,719 27,198 $ 24,102 Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity variances for August. (Indicate the effect of each verlance by selecting "F" for favorable, "U" for untavorable, and "None" for no ettect i.e., zero varlance). Input all amounts as positive values. Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Flexible Results Budget 8,300 $ 51,300 Planning Budget Cars washed Revenue