Lavage Rapide is a Canadian company that owns and operates a large automatic car wash faclity near Montreal. The following table provides estimates conceming the company's costs: For example, electricity costs should be $1,300 per month plus $0.06 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 are as follows: Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity variances for August. (Indlcate the effect of each variance by selecting "F* for favorable, "U" for unfavorable, and "None" for no effect (li.e., zero variance all amounts as posltive values.)