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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

Lavage Rapide 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 $ 0.70
Electricity $ 1,400 $ 0.08
Maintenance $ 0.30
Wages and salaries $ 4,300 $ 0.30
Depreciation $ 8,400
Rent $ 2,200
Administrative expenses $ 1,500 $ 0.01
For example, electricity costs should be $1,400 per month plus $0.08 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.00 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 8,400
Revenue $ 51,900
Expenses:
Cleaning supplies 6,310
Electricity 2,034
Maintenance 2,730
Wages and salaries 7,150
Depreciation 8,400
Rent 2,400
Administrative expenses 1,483
Total expenses 30,507
Net operating income $ 21,393
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.

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