\begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Lavage Rapide } \\ \hline \multicolumn{7}{|c|}{ Flexible Budget Performance Report } \\ \hline \multicolumn{7}{|c|}{ For the Month Ended August 31} \\ \hline & \multicolumn{2}{|c|}{\begin{tabular}{l} Actual \\ Results \end{tabular}} & \begin{tabular}{c} Revenue and \\ Spending Variances \end{tabular} & \begin{tabular}{r} Flexible \\ Budget \end{tabular} & Activity Variances & \begin{tabular}{r} Planning \\ Budget \end{tabular} \\ \hline Cars washed & & 8,300 & & & & \\ \hline Revenue & $ & 58,680 & F & & & \\ \hline \multicolumn{7}{|l|}{ Expenses: } \\ \hline Cleaning supplies & & 4,600 & U & & & \\ \hline Electricity & & 1,862 & F & & ? & \\ \hline Maintenance & & 2,290 & U & & & \\ \hline Wages and salaries & & 6,800 & U & & ? & \\ \hline Depreciation & & 8,400 & None & & & \\ \hline Rent & & 2,400 & U & & P & \\ \hline Administrative expenses & & 1,364 & F & & & \\ \hline Total expense & & 27,716 & U & & T & \\ \hline Net operating income & $ & 30,964 & F & & & \\ \hline \end{tabular} Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity costs should be $1,400 per month plus $0.06 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.90 per car washed. The actual operating results for August are as follows: Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity variances for August