Fixed Cost per Month $1,280 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed se.88 se. 15 se. 20 se.30 $5,000 $6.000 $8.999 $4.000 $0.10 For example, electricity costs are $1.200 per month plus $0.15 per car washed. The company expects to wash 9.000 cars In August and to collect an average of $4.90 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8, see $ 43,888 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 7.560 2.678 2,260 8. See 6.ece 8.ece 4,95 39.948 3.148 $ Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity variances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance). Input all amounts as positive values.) Answer is not complete. Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Flexible Budget Actual Results 8,800 Planning Budget Cars washed Revenue $ 43,080 $ 43,120 x (40) X 7,560 2,670 2.280 Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 8,500 6,000 8,000 4,950 39,940 3,140 $