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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

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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 $1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.60 S009 $ 0.30 $ 0.30 $4,600 $8,300 $1,900 $1,400 $ 0.05 For example, electricity costs are $1,400 per month plus $0.09 per car washed. The company expects to wash 8,400 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 8,500 Revenue $53.340 Expenses: Cleaning supplies 5,540 Electricity 2.126 Maintenance 2.760 Wages and salaries 7,480 Depreciation 8,300 Rent 2,100 Administrative expenses 1,720 Total expense 30,026 Net operating income $23,314 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 Flexible B For the Month Ended August 31 Revenue and Spending Variances Activity Variances Revenue 90 Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation None None 0 None Rent U Administrative expenses Total expense Net operating income

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