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5 Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost Cost per per Month Car Washed points Cleaning supplies Electricity Maintenance $0.70 $0.07 $0.25 $0.30 $1,100 eBook Wages and salaries $4,300 $8,200 $2,000 Adrministrative Print $1,600 $0.03 ReferenCe For example, electricity costs are $1,100 per month plus $0.07 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.70 per car washed. The actual operating results for August appear below. Lavage Rapide For the Month Ended August 31 Actual cars vashed B,300 $57 040 Expenses Cleaning supplies 6,240 1,644 2,290 Nages and salaries 7,120 B,200 2,200 Electricity Maintenance Depreciation Administrative 1,746 29,440 Net operating income $27.600 Total expense Prepare a fiexible budget performance report that shows the company's revenue and spending variances and activty 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.) Flexible Budget Performance Report For the Month Ended August 31 Actual Planni Bud Flexible ults 8,300 Cars washed Revenue Expenses: 57,040 Cleaning supplies Electrici Maintenance Wages and salaries De Rent Administrative 6,240 1,644 2,290 7,120 8,200 2,200 1,746 29,440 Total Net operating income $27,600