ACC PICTURE $2$

Required:

Prepare a flexible budget performance report for August.

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.

$\backslash$table$[[$Lavage Rapide$],[$Flexible Budget Performance Report$],[$For the Month Ended August $31],[,\backslash$table$[[$Actual$],[$Results$]],\backslash$table$[[$Revenue and$],[$Spending Variances$]],\backslash$table$[[$Flexible$],[$Budget$]],$Activity Variances,$\backslash$table$[[$Planning$],[$Budget$]]],[$Cars washed,$8,600,,,,],[$Revenue$,$$$\mathrm{.}53,100,,,,],[$Expenses:$],[$Cleaning supplies,$6,450,,,,],[$Electricity$,1,580,x,,,],[$Maintenance$,2,365,,,,],[$Wages and salaries,$7,210,,,,],[$Depreciation$,8,100,,,,],[$Rent$,2,100,,,,],[$Administrative expenses,$1,925,,,,],[$Total expenses,$29,730,$L$-,,,],[$Net operating income,$23,370,,,,]]$