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				$	0.60
Electricity	$	1,000		$	0.08
Maintenance				$	0.15
Wages and salaries	$	4,400		$	0.30
Depreciation	$	8,500
Rent	$	2,100
Administrative expenses	$	1,300		$	0.01

For example, electricity costs should be $1,000 per month plus $0.08 per car washed. The company expects to wash 8,400 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		8,500
Revenue	$	55,020
Expenses:
Cleaning supplies		5,540
Electricity		1,642
Maintenance		1,500
Wages and salaries		7,280
Depreciation		8,500
Rent		2,300
Administrative expenses		1,284
Total expense		28,046
Net operating income	$	26,974

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.)