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ACC PICTURE 2 Required: Prepare a flexible budget performance report for August. Note: Indicate the effect of each variance by selecting F for

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.
\table[[Lavage Rapide],[Flexible Budget Performance Report],[For the Month Ended August 31],[,\table[[Actual],[Results]],\table[[Revenue and],[Spending Variances]],\table[[Flexible],[Budget]],Activity Variances,\table[[Planning],[Budget]]],[Cars washed,8,600,,,,],[Revenue,$.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,,,,]]
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