Lavage Rapide 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 $ $0\mathrm{.}80$

Electricity $ $1,100$ $ $0\mathrm{.}09$

Maintenance $ $0\mathrm{.}10$

Wages and salaries $ $4,000$ $ $0\mathrm{.}30$

Depreciation $ $8,000$

Rent $ $2,100$

Administrative expenses $ $1,400$ $ $0\mathrm{.}03$

For example, electricity costs should be $$1,100$ per month plus $$0\mathrm{.}09$ per car washed. The company expects to wash $8,200$ 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 $8,300$

Revenue $ $52,120$

Expenses:

Cleaning supplies $7,060$

Electricity $1,808$

Maintenance $1,060$

Wages and salaries $6,820$

Depreciation $8,000$

Rent $2,300$

Administrative expenses $1,546$

Total expenses $28,594$

Net operating income $ $23,526$

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.Net operating income

$$23,526$

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.