Fixed Cost per Month $1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.70 $ 0.10 $ 0.30 $ 0.30 $4,200 $8,200 $1.800 $1,600 $ 0.04 For example, electricity costs are $1,400 per month plus 50.10 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.00 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,100 Revenue $50,100 Expenses: Cleaning supplies 6.100 Electricity 2,170 Maintenance 2,640 Wages and salaries 6.960 Depreciation 8,200 Rent 2,000 Administrative expenses 1,820 Total expense 29,890 Net operating income $20,210 Required: Complete the flexible budget performance report that shows the company's activity variances and revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" fo no effect (i.e., zero variance). Input all amounts as positive values.) Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Revenue and Spending Variances Activity Variances Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Rent Administrative expenses Total expense Net operating income