Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's expected costs: Fixed Cost Cost per per Month Car Washed Cleaning supplies $ 0.90 Electricity Maintenance $ 2,600 0.30 0.50 0.60 Wages and salaries Depreciation Rent 5,800 9,400 3,200 2,910 Administrative expenses 0.05 For example, electricity costs are $2,600 per month plus $0.30 per car washed. The company expects to wash 9,100 cars in October and to collect an average of $8.00 per car washed. Auto Lavage's actual level of activity was 9,200 cars. The actual revenues and expenses for October are given below: Auto Lavage Income Statement For the Month Ended October 31 9,200 $ 78,000 Actual cars washed Sales Variable expenses: Cleaning supplies Electricity Maintenance 8,515 2,822 4,350 5,860 510 Wages and salaries Administrative Fixed expenses: Electricity Wages and salaries Depreciation 2,660 5,800 9,400 3,200 2,845 Rent Administrative Total expense 45,962 Net operating income $ 32,038 Required: 1. Prepare a flexible budget performance report for October. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) AUTO LAVAGE INC. Flexible Budget Performance Report For the Month Ended October 31 Cost Formula Flexible Budget Variance Flexible Actual Budget (per car) Variable Expenses: Total variable expenses 0.00 Fixed expenses: Total fixed expenses $ $ 2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 9,100 cars. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) AUTO LAVAGE INC. Comprehensive Performance Report For the Month Ended October 31 Flexible Budget Variance Flexible Budget Sales Volume Variance Static Budget Actual Number of cars 9,200 9,200 9,100 Variable Expenses: Total variable expenses Fixed expenses: Total fixed expenses of