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 companys costs:

	Fixed Cost per Month			Cost per Car Washed
Cleaning supplies				$	0.40
Electricity	$	1,100		$	0.07
Maintenance				$	0.15
Wages and salaries	$	4,800		$	0.40
Depreciation	$	8,200
Rent	$	2,000
Administrative expenses	$	1,700		$	0.03

For example, electricity costs are $1,100 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.40 per car washed.

The actual operating results for August appear below.

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed		8,200
Revenue	$	53,940
Expenses:
Cleaning supplies		3,740
Electricity		1,637
Maintenance		1,455
Wages and salaries		8,400
Depreciation		8,200
Rent		2,200
Administrative expenses		1,843
Total expense		27,475
Net operating income	$	26,465

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	8,200
Revenue	$53,940
Expenses:
Cleaning supplies	3,740
Electricity	1,637
Maintenance	1,455
Wages and salaries	8,400
Depreciation	8,200
Rent	2,200
Administrative expenses	1,843
Total expense	27,475
Net operating income	$26,465