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Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's

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Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's expected costs: For example, electricity costs are $2,500 per month plus $0.50 per car washed. The company expects to wash 9,000 cars in Octobe and to collect an average of $8.80 per car washed. Auto Lavage's actual level of activity was 9,100 cars. The actual revenues and expenses for October are given below: Required: 1. Prepare a flexible budget performance report for October. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) 2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 9,000 cars. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect i.e., zero variance).)

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