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 companys costs:

	Fixed Cost per Month	Cost per Car Washed
Cleaning supplies		$ 0.40
Electricity	$ 1,200	$ 0.08
Maintenance		$ 0.25
Wages and salaries	$ 4,600	$ 0.40
Depreciation	$ 8,500
Rent	$ 1,900
Administrative expenses	$ 1,500	$ 0.02

For example, electricity costs should be $1,200 per month plus $0.08 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.50 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	8,200
Revenue	$ 54,750
Expenses:
Cleaning supplies	3,740
Electricity	1,818
Maintenance	2,265
Wages and salaries	8,200
Depreciation	8,500
Rent	2,100
Administrative expenses	1,562
Total expense	28,185
Net operating income	$ 26,565

Required:

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

Note: 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.

Trepare a flexible budget performance report that shows the company's revenue and spending variances and activity variances for August. variance). Input all amounts as positive values