Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs:

Fixed Cost per month Cost per Car Washed

Cleaning supplies				$	0.70
Electricity	$	1,400		$	0.09
Maintenance				$	0.15
Wages and salaries	$	4,600		$	0.30
Depreciation	$	8,400
Rent	$	1,800
Administrative expenses	$	1,700		$	0.02

For example, electricity costs are $1,400 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.70 per car washed. The actual operating results for August appear below.

Income Statement

Actual cars washed		8,300
Revenue	$	57,040
Expenses:
Cleaning supplies		6,240
Electricity		2,108
Maintenance		1,470
Wages and salaries		7,420
Depreciation		8,400
Rent		2,000
Administrative expenses		1,764
Total expense		29,402
Net operating income	$	27,638

Required: Complete the flexible budget performance report that shows the companys activity variances and revenue and spending 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 Revenue and Spending Variances Activity Variances Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income