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 per Month $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.80 $ 0.06 $ 0.25 $ 0.30 $4,500 $8,200 $2,000 $1.300 $ 0.04 For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.10 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8.100 Revenue $50 900 Expenses Cleaning supplies 6.900 Electricity 1.750 Maintenance 2.240 Wages and salaries 7260 Depreciation 8.200 Rent 2 200 Administrative expenses 1520 Total expense 30.070 Net operating income $20,830 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 (Le, zero variance). Input all amounts as positive values.) Rent Administrative expenses Total expense Net operating income 8.200 2 200 1.520 30.070 $20.830 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 effecte, 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 Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income Rafns Book RASQUECOS