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Exercise 9-13 (Algo) Prepare a Flexible Budget Performance Report [L09-4] Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following

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image text in transcribed Exercise 9-13 (Algo) Prepare a Flexible Budget Performance Report [L09-4] Lavage Rapide 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 $0.09 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $5.90 per car washed. The actual operating results for August are as follows: Required: Prepare a flexible budget performance report for August. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values

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