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 Cont per Month $1,200 Cleaning supplies Electricity Maintenance Wages and walories Depreciation Rent Administrative expenses Cont per Car Washed $0.60 $0.10 $0.15 $0.40 $4,600 $8,300 $1,900 $1,600 $0.04 For example, electricity costs are $1,200 per month plus $0.10 per car washed. The company expects to wash 8,100 cars in August and to collect on average of $6.00 per car washed. The actual operating results for August appear below. Lavage rapide Income tatement Tor the Month Ended August 31 Actual care Washed 8,200 Revenge 050,700 Expense Cleaning supplies 5,360 Electricity 1.980 Maintenance 1,455 Hages and salaries 0,200 Depreciation 0,300 2.100 Ministrative expenses 1024 Total expose 29,210 tot operating income 121,401 Required: Required: 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 (l.e., zero variance). Input all amounts as positive values.) Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Flexible Results Budget 8,200 Planning Budget Cars washed S 50,700 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salarios Depreciation Rent Administrative expenses Total expenso Net operating income 5,360 1,980 1.455 8.200 8,300 2.100 1,824 29,219 21,481 $