Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company$$s costs: Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates

concerning the company's costs:

For example, electricity costs should be $$1,200$ per month plus $$0\mathrm{.}08$ per car washed. The company expects to wash $8,200$ cars in

August and to collect an average of $$6\mathrm{.}50$ per car washed.

The actual operating results for August are as follows:

Required:

Prepare a flexible budget performance report 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.

Fixed Cost per Month Cost per Car Washed

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

Electricity $ $1,200$ $ $0\mathrm{.}08$

Maintenance $ $0\mathrm{.}15$

Wages and salaries $ $4,300$ $ $0\mathrm{.}40$

Depreciation $ $8,400$

Rent $ $2,200$

Administrative expenses $ $1,700$ $ $0\mathrm{.}04$

For example, electricity costs should be $$1,200$ per month plus $$0\mathrm{.}08$ per car washed. The company expects to wash $8,200$ cars in August and to collect an average of $$6\mathrm{.}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 $8,300$

Revenue $ $55,400$

Expenses:

Cleaning supplies $5,420$

Electricity $1,826$

Maintenance $1,470$

Wages and salaries $7,940$

Depreciation $8,400$

Rent $2,400$

Administrative expenses $1,928$

Total expenses $29,384$

Net operating income $ $26,016$

Required:

Prepare a flexible budget performance report 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.