provides data concerning the company's costs: ve Rapides Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table Find Cont per Months 51.100 Cleaning supplies Electricity Maintenance Wagon and walarios Depreciation Rent dininistrative expenses Cont per Car Washed 50.60 50.09 30.20 50.30 $6,500 50,000 $2,000 $1,400 $0.04 For example, electricity costs are $1100 per month plus $0.99 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.70 per car washed The actual operating results for August appear below. Lavage Rapide Incone Statement For the Month Ended gust 31 Metaal cars vashed 8.200 evenge Expenses Cleaning supplies 5.360 lectricity 1.799 Maintenance 1.160 Waves and salarien 7.290 Depreciation 8,000 Rent 2,200 Nintentive expenses 1.524 Total expense 2011 Het operating income 520,23 Required: Prepare a fiexible budget performance report that shows the company's revenue and spending variances and activity variances for August (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.) Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Flexible Results Budget 8.200 Planning Budget Cars washed 5 56.370 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and saties Depreciation Rom Administrative expenses Total expense Net operating income 5,360 1.790 1.860 7,200 3,000 2.200 1,624 28.133 26.237 $