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 companys costs:

	Fixed Cost per Month	Cost per Car Washed
Cleaning supplies		$ 0.70
Electricity	$ 1,300	$ 0.07
Maintenance		$ 0.25
Wages and salaries	$ 4,400	$ 0.40
Depreciation	$ 8,100
Rent	$ 1,900
Administrative expenses	$ 1,500	$ 0.03

For example, electricity costs should be $1,300 per month plus $0.07 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 are as follows:

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed	8,500
Revenue	$ 59,220
Expenses:
Cleaning supplies	6,380
Electricity	1,858
Maintenance	2,340
Wages and salaries	8,120
Depreciation	8,100
Rent	2,100
Administrative expenses	1,652
Total expense	30,550
Net operating income	$ 28,670

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 Revenue and Spending Variances Flexible Budget Activity Variances Planning Budget 8,500 8,400 Cars washed Revenue 8,500 59,220 $ 6,380 Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 1,858 2,340 8,120 8,100 2,100 1,652 30,550 $ 28,670