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:

Fixed Cost per Month Cost per Car Washed

Cleaning supplies $ $0\mathrm{.}80$

Electricity $ $1,500$ $ $0\mathrm{.}06$

Maintenance $ $0\mathrm{.}15$

Wages and salaries $ $4,900$ $ $0\mathrm{.}30$

Depreciation $ $8,000$

Rent $ $2,100$

Administrative expenses $ $1,600$ $ $0\mathrm{.}05$

For example, electricity costs should be $$1,500$ per month plus $$0\mathrm{.}06$ per car washed. The company expects to wash $8,300$ cars in August and to collect an average of $$6\mathrm{.}20$ 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 $ $53,560$

Expenses:

Cleaning supplies $7,140$

Electricity $1,968$

Maintenance $1,485$

Wages and salaries $7,750$

Depreciation $8,000$

Rent $2,300$

Administrative expenses $1,915$

Total expense $30,558$

Net operating income $ $23,002$

Required:

Prepare a flexible budget performance report that shows the company$$s revenue and spending variances and activity variances for August.