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 per Month Cost per Car Washed $0.60 $1,300 $0.06 $0.10 $4,000 $0.40 $8,400 $1,900 $1,700 $0.01 For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.80 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 $57,180 Expenses: Cleaning supplies 5,360 Electricity 1,756 Maintenance 1,050 Wages and salaries 7,600 Depreciation 8,400 Rent 2,100 Administrative expenses 1,681 Total expense 27,947 Net operating incone $29,233 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation. Rent Administrative expenses Fixed Cost per Month Car Washed $0.60 $1,300 $0.06 $0.10 $4,000 $0.40) $8,400 $1,900. $1,700 $0.01 For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.80 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 $ 57,180 Expenses: Cleaning supplies 5,360 Electricity 1,756 Maintenance 1,050 Wages and salaries 7,600 Depreciation 8,400 Rent 2,100 Administrative expenses 1,681 Total expense Net operating income 27,947 $29,233 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). Inout all amounts as positive values.)