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heducation.com/ext/map/indexhtml?con=con&external browser Blaunchuriantp%253A%CEMENTINE 18/12021 Saved Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreat. The following

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heducation.com/ext/map/indexhtml?con=con&external browser Blaunchuriantp%253A%CEMENTINE 18/12021 Saved Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreat. The following table provides data concerning the company's costs: Fixed cost the Month $1,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.70 $0.98 $0.20 $0.40 $4,800 38,200 $2,200 $1,700 $0.02 For example, electricity costs are $1100 per month plus $0.08 per car washed. The company expects to wash 8.200 cars in August and to collect an average of $6,00 per car washed, The actual operating results for August appear below. Lavage Rapide Incone Statesent For the Month Ended August 31 Actual cars washed 8,300 $ 51,300 Ravenie Expenses: Cleaning supplies Electricity Maintenance and salaries Depreciation Rant Ministrative expenses Total expert het operating income 6,240 1,726 1,889 8,440 8,zee 2,400 1.764 38,650 $ 20,650 Required: 21 Saved 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 variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Flexible Results Budget 8,300 Planning Budget Cars washed $ 51,300 Revenue Expenses Cleaning supplies Electcity Maintenance Wages and salaries Depreciation Ront 6,240 1,728 1.880 8.440 8.200 2.400 Total expense Na operating income 1.754 30,850 20,850 s Activo

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