Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal.

The following table provides data concerning the companys costs:

Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.40 Electricity $ 1,400 $ 0.09 Maintenance $ 0.30 Wages and salaries $ 4,500 $ 0.20 Depreciation $ 8,200 Rent $ 2,000 Administrative expenses $ 1,400 $ 0.04

For example, electricity costs are $1,400 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.70 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 8,300 Revenue $ 57,040 Expenses: Cleaning supplies 3,780 Electricity 2,108 Maintenance 2,700 Wages and salaries 6,500 Depreciation 8,200 Rent 2,200 Administrative expenses 1,628 Total expense 27,116 Net operating income $ 29,924

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.)