I have no Idea what i am doing and need help with this chapter.

as Expenses: Cleaning supplies 5,540 Electricity 2,210 Maintenance 2,760 Wages and salaries 7,380 _ Administrative expenses 1 752 Total expense 30 042 Net operating income $ 24,138 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 Cleaning supplies $0.60 Electricity $1,400 $0.10 Maintenance $0.30 Wages and salaries $4,500 $0.30 Depreciation $8,200 Rent 52 , 000 Administrative expenses $1,600 $0.03 For example, electricity costs are $1,400 per month plus $0.10 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.20 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,500 Revenue $54,180 Expenses: Cleaning supplies 5,540 Electricity 2,210 Maintenance 2,760 Wages and salaries 7,380 Depreciation 8,200 Rent 2,200 Administrative expenses 1,752 Total expense 30,042 Net operating income $24,138 I Req uired: 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.)