Auto Lavage is a Canadian company that owns ind operates a large automatic carwash fecilify dear Oatiebicic the following table prevides data concerning the company's expected costs: For example, electricity costs are $3.160 per month plus $0.20 per car washed. The compuny expects to wash 9.600 cars in October and to collect an average of $7,50 per car washed Auto Lavage's actual level of activity was 9700 cars. The actual revenues and expenses for October are givan below: Required: 1. Prepare a flexible budget performance report for October. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfovourable, and "None" for no effect (i.e., zero variance).) AUTO LAVAGE INC. Flexible Budget Performance Report For the Month Ended October 31 2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 9,600 cars. (indicate the effect of each variance by selecting "F" for fovourable, "U "for unfovourable, ond "None" for no effect (i.e, zero voriance).)