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 Cost per per Month $1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Car Washed $ 0.50 $ 0.05 $ 0.25 $ 0.30 $4,700 $8,200 $2,100 $1,600 $ 0.03 For example, electricity costs are $1,400 per month plus $0.05 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.40 per car washed. For example, electricity costs are $1,400 per month plus $0.05 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.40 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 $53,940 Expenses: Cleaning supplies 4,550 Electricity 1,775 Maintenance 2,265 Wages and salaries 7,490 Depreciation 8,200 Rent 2,300 Administrative expenses 1,743 Total expense 28,323 Net operating income $25,617 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 (i.e., zero variance). Input 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 F U Maintenance U U Wages and salaries U U Depreciation O None O None Rent U O None Administrative expenses F U Total expense U U Net operating income F F