Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month Cost per Car Washed $ 0.80 $ 0.09 $ 0.20 $ 0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $4,400 $8,400 $1,800 $1,300 $ 0.03 For example, electricity costs are $1,000 per month plus $0.09 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.60 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,400 Revenue $56,880 Expenses: Cleaning supplies 7,140 Electricity 1,717 Maintenance 1,900 Wages and salaries 8,080 Depreciation 8,400 Rent 2,000 Administrative expenses 1,449 Total expense 30,686 Net operating income $26,194 Required: Complete the flexible budget performance report that shows the company's activity variances and revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for all amounts as positive values.) Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Revenue and Spending Variances Activity Variances Revenue F Expenses: U Cleaning supplies Electricity Maintenance Wages and salaries Depreciation U None Rent None Administrative expenses U Total expense U Net operating income F