Auto Lavage is a Canadian company that owns and operates a forge automatic Carwash facility near Quebec. The following table provides data concerning the company's expected costs Fixed cost per month 5 3.450 Car Wash $8.50 8.30 . Cleaning supplies Electricity Maintenance salaries Depreciation Rent Asinistrative expenses 10,200 4. 3,740 2.1 For example, electricity costs are $3.450 per month plus $0.30 per car washed. The company expects to wash 9.900 cars in October and to collect an average of $7.80 per car washed Auto Lavage's actual level of activity was 10,000 cars. The actual revenues and expenses for October are given below. Auto Lavage Income Statement For the Month Ended October 31 Actual cars washed 10,000 Sales 579,900 Variable expenses Cleaning supplies Electricity Maintenance Wages and salaries Administrative Fixed expenses: Electricity Wages and salaries Depreciation Rent Administrative 9.se 3,082 4,525 6.250 790 3,540 6,500 10,20 4,000 3.645 Total expense 52,482 Net operating Income 527,418 Required: 1. Prepare a flexible budget performance report for October. Undicate the effect of each variance by selecting F for favourable. Un for unfavourable, and one for no effect the rera vrance) AUTO LAVADE INC be Butigat Performance Report For the Month Ended Dotober 31 Cott Formula Aotum Flexible per oan Budget Flexible Budget Varlando Variable Expenses Total anses Fans Total Dones 2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 9,900 cars. Indicate the effect of each variance by selecting for favourable, "U" for unfavourable, and "None" for no elect (te, zere variance) AUTO LAVAGE INC Comprehensive Performance Report For the Month Ended October 31 Actual Flexible Budget Variance Flexible Budget Bias Volume Vartanos Number of cars Itatia Budget 9.900 10.000 10.000 Variable Expenses Fans