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: Fixed [ost Cost per per Month Car Washed Cleaning supplies $8 . 36 Electricity $2, 156 B . 20 Maintenance 0.4-0 l.vlages and salaries 5,466 0.56 Depreciation 9, 6% Rent 2, 80% Administrative expenses 2,528 8.85 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 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 Gctober 31 Actual cars washed 3,388 Sales $68,388 Variable expenses: Cleaning supplies ?,648 Electricity 1,328 Maintenance 2,998 wages and salaries 4,?68 Administrative 528 Fixed expenses: Electricity 2,228 Wages and salaries 5,488 Depreciation 9,888 Rent 2, 386 Administrative 2,445 Total expense 39,595 Net operating income 5231735 [ 1. Prepare a flexible budget performance report for October. (Indicate the effect of each varlance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (L.e., zero varlance).) AUTO LAVAGE INC. Flexible Budget Performance Report For the Month Ended October 31 Cost Formula Actual Flexible Flexible Budget (per car) Budget Variance Variable Expenses: Total variable expenses Fixed expenses: Total fixed expenses