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es Required: Prepare a flexible budget performance report that shows the company's revenue and spending var August. Note: Indicate the effect of each variance by

es Required: Prepare a flexible budget performance report that shows the company's revenue and spending var August. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, anc variance). Input all amounts as positive values. Cars washed Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Actual Results 8,800 $ 43,080 7,560 2,670 2.260 8.500 Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Revenue and Spending Variances $ 40 U 520 U 150 U 500 U 860 U $ Flexible Budget + 43,120 $ 7,040 2.520 1.760 7,640 Activity Varianc 980 U 160 F 30 F 40 F 60 F

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