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Required: 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,

Required: 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 $1,000 per month plus $0.07 per car washed. The company expects to wash 8,300 cars in
August and to collect an average of $6.20 per cor washed.
The actual operating results for August are as follows:
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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