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 company$$s costs:

Fixed Cost per Month Cost per Car Washed

Cleaning supplies $ $0\mathrm{.}60$

Electricity $ $1,400$ $ $0\mathrm{.}09$

Maintenance $ $0\mathrm{.}30$

Wages and salaries $ $4,600$ $ $0\mathrm{.}40$

Depreciation $ $8,100$

Rent $ $1,900$

Administrative expenses $ $1,500$ $ $0\mathrm{.}04$

For example, electricity costs should be $$1,400$ per month plus $$0\mathrm{.}09$ per car washed. The company expects to wash $8,400$ cars in August and to collect an average of $$6\mathrm{.}10$ 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 $ $53,340$

Expenses:

Cleaning supplies $5,540$

Electricity $2,126$

Maintenance $2,760$

Wages and salaries $8,320$

Depreciation $8,100$

Rent $2,100$

Administrative expenses $1,736$

Total expense $30,682$

Net operating income $ $22,658$

Required:

Prepare a flexible budget performance report that shows the company$$s revenue and spending variances and activity variances for August.