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 Costper MonthCost perCar WashedCleaning supplies $$0\mathrm{.}80$ Electricity$$2,7000\mathrm{.}20$ Maintenance $0\mathrm{.}40$ Wages and salaries $5,9000\mathrm{.}50$ Depreciation $9,500$ Rent $3,300$ Administrative expenses $3,0200\mathrm{.}06$ For example, electricity costs are $$2,700$ per month plus $$0\mathrm{.}20$ per car washed. The company expects to wash $9,200$ cars in October and to collect an average of $$7\mathrm{.}10$ per car washed. Auto Lavages actual level of activity was $9,300$ cars. The actual revenues and expenses for October are given below: Auto LavageIncome StatementFor the Month Ended October $31$Actual cars washed $9,300$Sales$$67,800$Variable expenses: Cleaning supplies $7,940$Electricity $1,942$Maintenance $3,387$Wages and salaries $4,950$Administrative $610$Fixed expenses: Electricity $2,770$Wages and salaries $5,900$Depreciation $9,500$Rent $3,300$Administrative $2,945$Total expense $43,244$Net operating income$$24,556$ 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$).)$ AUTO LAVAGE INC.Flexible Budget Performance ReportFor the Month Ended October $31$Cost Formula $($per car$)$ActualFlexible BudgetFlexible Budget VarianceCleaning suppliesselected answer incorrectnot attemptednot attemptednot attemptednot attemptednot attemptedVariable Expenses:Cleaning suppliesselected answer correctnot attempted$7,940$selected answer correct$8,240$selected answer incorrect$300$selected answer incorrectUselected answer correctElectricityselected answer correctnot attempted$1,942$selected answer correct$4,560$selected answer incorrect$2,618$selected answer incorrectUselected answer correctMaintenanceselected answer correctnot attempted$3,387$selected answer correct$4,120$selected answer incorrect$733$selected answer incorrectUselected answer incorrectWages and salariesselected answer correctnot attempted$4,950$selected answer correct$10,700$selected answer incorrect$5,750$selected answer incorrectUselected answer correctnot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptednot attemptedTotal variable expenses$0\mathrm{.}0018,21927,620$not attemptedUselected answer correctnot attempted$0(18,219)(27,620)$not attemptednot attemptedFixed expenses:Electricityselected answer correctnot attempted$2,770$selected answer correct$5,900$selected answer incorrectnot attemptednot attemptedWages and salariesselected answer correctnot attempted$5,900$selected answer correct$9,500$selected answer incorrectselected answer correctnot attemptedDepreciationselected answer correctnot attempted$9,500$selected answer correct$3,300$selected answer incorrectselected answer correctnot attemptedRentselected answer correctnot attempted$3,300$selected answer correct$2,945$selected answer incorrectselec