Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The provides data concerning the company's expected costs: Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $0.80 $2,150 0.20 0.40 5,400 0.50 9,000 2,800 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 ca and to collect an average of $6.60 per car washed. Auto Lavage's 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 Sales 8,800 $60,300 Variable expenses: Cleaning supplies 7,640 Electricity 1,820 Maintenance 2,990 Wages and salaries 4,760 Administrative 520 Fixed expenses: Electricity Wager and calanine. 2,220 5100 Prev 1 of 4 Next > For the month tnaea Uctober 31 Actual cars washed Sales 8,800 $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 Saved Required: 1. Prepare a flexible budget performance report for October. (Indicate the effect of each variance by selecting "F" for favourab for unfavourable, and "None" for no effect (i.e., zero variance).) Sales Variable Expenses: Cleaning supplies AUTO LAVAGE INC. Flexible Budget Performance Report For the Month Ended October 31 Cost Formula (per car) Actual Flexible Budget Flexible Budget Variance Sales Variable Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Administrative Total variable expenses Contribution margin Fixed expenses: Electricity Wages and salaries Depreciation Rent Administrative Total fixed expenses Operating income Flexible Budget Performance Report For the Month Ended October 31 Cost Formula (per car) Actual Flexible Budget Flexible Budget Variance 0.00 10 0 0 0 0 0 0 $ 0 $ 0