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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

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 company's costs:
For example, electricity costs should be $1,200 per month plus $0.06 per car washed. The company expects 8,400 cars in
August and to collect an average of $6.70 per car washed.
The actual operating results for August are as follows:
Required:
Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity variances for
August.
Note: 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.
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