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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facily near Montreat. The following table provides estimates concerning the

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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facily near Montreat. The following table provides estimates concerning the company's costs: For example, electrieity costs should be $1,300 per month plus $0.06 per cor washed. The company expects to wosh 8,300 cars in August and to collect an average of $6.00 per car washed. The actual operating results for August are as follows: Prepare a flexible budget performance report that shows the company's 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.)

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