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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: For example, electricity costs are $1,510 per month plus $0.20 per car washed. The company expects to wash 8,100 cars in October and to collect an average of $6.00 per car washed. Auto Lavage's actual level of activity was 8,200 cars. The actual revenues and expenses for October are given below: 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).) for unfavourable, and "None" for no effect (i.e., zero variance).) AUTO LAVAGE INC. Flexible Budget Performance Report For the Month Ended October 31 2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 8,100 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 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: For example, electricity costs are $1,510 per month plus $0.20 per car washed. The company expects to wash 8,100 cars in October and to collect an average of $6.00 per car washed. Auto Lavage's actual level of activity was 8,200 cars. The actual revenues and expenses for October are given below: 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).) for unfavourable, and "None" for no effect (i.e., zero variance).) AUTO LAVAGE INC. Flexible Budget Performance Report For the Month Ended October 31 2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 8,100 cars. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).)