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		$ 0.80
Electricity	$ 1,100	$ 0.08
Maintenance		$ 0.15
Wages and salaries	$ 4,900	$ 0.30
Depreciation	$ 8,100
Rent	$ 2,200
Administrative expenses	$ 1,500	$ 0.02

For example, electricity costs should be $1,100 per month plus $0.08 per car washed. The company expects to wash 8,300 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	8,400
Revenue	$ 58,540
Expenses:
Cleaning supplies	7,140
Electricity	1,734
Maintenance	1,485
Wages and salaries	7,750
Depreciation	8,100
Rent	2,400
Administrative expenses	1,566
Total expense	30,175
Net operating income	$ 28,365

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.)

Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Results Flexible Budget Planning Budget Cars washed 8,400 Revenue $ 58,540 Expenses: Cleaning supplies Electricity 7,140 1,734 Maintenance 1,485 7,750 Wages and salaries Depreciation 8,100 Rent 2,400 Administrative expenses 1,566 Total expense 30,175 Net operating income $ 28,365