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: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per per Month Car Washed $0.50 $1,100 $0.09 $0.25 $4,600 $0.20 $8,300 $2,100 $1,400 $0.04 For example, electricity costs are $1,100 per month plus $0.09 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.30 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 8,200 Revenue $53, 130 Expenses: Cleaning supplies 4,550 Electricity 1,799 Maintenance 2, Wages and salaries 6,580 Depreciation 8,300 Rent 2,300 Administrative 1,624 expenses Total expense 27,418 Net operating income $25,712 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 (i.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 $ 53,130 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 4,550 1,799 2,265 6,580 8,300 2,300 1,624 27,418 $ 25,712