Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost Per Month Cost per Car Washed Cleaning supplies $.74 Electricity $1,090 $.15 Maintenance $.10 Wages and salaries $3,800 $.14 Depreciation $5,400 Rent $6,800 Administrative expenses $3,800 $.07 For example, electricity costs are $1,090 per month plus $.15 per car washed. The company expects to wash 9,600 cars in August and to collect an average of $5.70 per car washed. The actual operating results for August appears below. Lavage Rapide Income Statement For the Month Ended August 31: Actual cars washed: 9,700 Revenue: $62,000 Expenses: Cleaning supplies: $6,800 Electricity: $1,870 Maintenance: $2,060 Wages and salaries: $8,200 Depreciation: $5,400 Rent: $6,800 Administrative expenses: $4,450 Total expense: $35,580 Net operating income: $26,420 1. Prepare a report showing the company's activity variances for August. (Leave no cells blank - be certain to enter "0" wherever required. Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance) Lavage Rapide Activity Variances For the Month Ended August 31 Activity Variances: Revenue: Expenses: Cleaning supplies: Electricity: Maintenance: Wages and salaries: Depreciation: Rent: Administrative expenses: Total expense: Net operating income