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 company$$s costs:

Fixed Cost

per Month Cost per

Car Washed

Cleaning supplies $ $0\mathrm{.}50$

Electricity $ $1,000$ $ $0\mathrm{.}06$

Maintenance $ $0\mathrm{.}25$

Wages and salaries $ $4,700$ $ $0\mathrm{.}30$

Depreciation $ $8,200$

Rent $ $2,000$

Administrative expenses $ $1,300$ $ $0\mathrm{.}03$

For example, electricity costs are $$1,000$ per month plus $$0\mathrm{.}06$ per car washed. The company expects to wash $8,100$ cars in August and to collect an average of $$6\mathrm{.}70$ 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 $ $56,370$

Expenses:

Cleaning supplies $4,550$

Electricity $1,456$

Maintenance $2,265$

Wages and salaries $7,490$

Depreciation $8,200$

Rent $2,200$

Administrative expenses $1,443$

Total expense $27,604$

Net operating income $ $28,766$

Required:

Prepare a flexible budget performance report that shows the company$$s 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.$)$