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				$	0.60
Electricity	$	1,300		$	0.06
Maintenance				$	0.20
Wages and salaries	$	4,200		$	0.30
Depreciation	$	8,500
Rent	$	2,100
Administrative expenses	$	1,700		$	0.03

For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.80 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	$	59,220
Expenses:
Cleaning supplies		5,540
Electricity		1,774
Maintenance		1,920
Wages and salaries		7,080
Depreciation		8,500
Rent		2,300
Administrative expenses		1,852
Total expense		28,966
Net operating income	$	30,254

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	8,500
Revenue	$59,220
Expenses:
Cleaning supplies	5,540
Electricity	1,774
Maintenance	1,920
Wages and salaries	7,080
Depreciation	8,500
Rent	2,300
Administrative expenses	1,852
Total expense	28,966
Net operating income	$30,254