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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data conceming the company's

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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data conceming the company's costs: Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.10 $ 0.25 $ 0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,200 $4,200 S8,300 S2.100 $1,700 $ 0.02 For example, electricity costs are $1,200 per month plus $0.10 per car washed. The company expects to wash 8,400 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 8,500 Revenue $57.540 Expenses: Cleaning supplies 6,380 Electricity 2,010 Maintenance 2,340 Wages and salaries 7,920 Depreciation 8,300 Rent 2.300 Administrative expenses 1,768 Total expense 31,018 Net operating income $26,522 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 no effect li.e.. zero variance). Input all amounts as positive values.)

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