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				$	0.50
Electricity	$	1,000		$	0.06
Maintenance				$	0.15
Wages and salaries	$	4,900		$	0.30
Depreciation	$	8,200
Rent	$	2,000
Administrative expenses	$	1,800		$	0.05

For example, electricity costs should be $1,000 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $5.90 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	$	51,660
Expenses:
Cleaning supplies		4,700
Electricity		1,474
Maintenance		1,500
Wages and salaries		7,780
Depreciation		8,200
Rent		2,200
Administrative expenses		2,120
Total expense		27,974
Net operating income	$	23,686

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.)