Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the companys expected costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.80 Electricity $ 2,150 0.20 Maintenance 0.40 Wages and salaries 5,400 0.50 Depreciation 9,000 Rent 2,800 Administrative expenses 2,520 0.05 For example, electricity costs are $2,150 per month plus $0.20 per car washed. The company expects to wash 8,700 cars in October and to collect an average of $6.60 per car washed. Auto Lavages actual level of activity was 8,800 cars. The actual revenues and expenses for October are given below: Auto Lavage Income Statement For the Month Ended October 31 Actual cars washed 8,800 Sales $ 60,300 Variable expenses: Cleaning supplies 7,640 Electricity 1,820 Maintenance 2,990 Wages and salaries 4,760 Administrative 520 Fixed expenses: Electricity 2,220 Wages and salaries 5,400 Depreciation 9,000 Rent 2,800 Administrative 2,445 Total expense 39,595 Net operating income $ 20,705 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 8,700 cars. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).)