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 companys costs:

	Fixed Cost per Month			Cost per Car Washed
Cleaning supplies				$	0.60
Electricity	$	1,300		$	0.07
Maintenance				$	0.25
Wages and salaries	$	4,700		$	0.30
Depreciation	$	8,200
Rent	$	2,100
Administrative expenses	$	1,800		$	0.01

For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.10 per car washed.

The actual operating results for August appear below.

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed		8,300
Revenue	$	52,120
Expenses:
Cleaning supplies		5,420
Electricity		1,844
Maintenance		2,290
Wages and salaries		7,520
Depreciation		8,200
Rent		2,300
Administrative expenses		1,782
Total expense		29,356
Net operating income	$	22,764

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.)

Please tell me how to calculate for each specifically.

Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Revenue and Flexible Results Spending Variances Budget 8,300 8,300 Activity Variances Planning Budget 8,200 Cars washed Revenue $ 52,120 F F $ 50,020 Expenses: Cleaning supplies 5,420 U 4,920 Electricity 1,844 F 1,874 Maintenance 2,290 U 2,050 7,160 7,520 U Wages and salaries Depreciation Rent 8,200 None 8,200 2,300 U 2,100 1,822 Administrative expenses 1,782 F Total expense U 29,356 22,764 Net operating income $