Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the companys costs:

	Fixed Cost per Month			Cost per Car Washed
Cleaning supplies				$	0.70
Electricity	$	1,100		$	0.08
Maintenance				$	0.20
Wages and salaries	$	4,200		$	0.30
Depreciation	$	8,100
Rent	$	2,100
Administrative expenses	$	1,700		$	0.02

For example, electricity costs should be $1,100 per month plus $0.08 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $5.90 per car washed.

The actual operating results for August are as follows:

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed		8,600
Revenue	$	52,250
Expenses:
Cleaning supplies		6,450
Electricity		1,750
Maintenance		1,940
Wages and salaries		7,110
Depreciation		8,100
Rent		2,300
Administrative expenses		1,770
Total expense		29,420
Net operating income	$	22,830

Required:

Prepare a flexible budget performance report that shows the companys 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.)