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: Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $0.90 $2,050 0.30 0.50 5,300 0.60 8,900 2,700 2,410 0.04 For example, electricity costs are $2,050 per month plus $0.30 per car washed. The company expects to wash 8,600 cars in October and to collect an average of $8.00 per car washed. Auto Lavage's actual level of activity was 8,700 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 8,700 $71,500 Variable expenses: Cleaning supplies 8,450 Electricity 2,700 Maintenance 3,825 Wages and salaries 5,360 Administrative 446 Fixed expenses: Electricity 2,110 Wages and salaries 5,300 Depreciation 8,900 Rent 2,700 Administrative 2,345 Total expense Net operating income 42,136 $29,364 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).)