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t Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates

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t Lavage Rapide is a Canadian company that 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 $ 0.70 Electricity $ 1,200 $ 0.06 Maintenance $ 0.25 k Wages and salaries $ 4,700 $ 0.30 Depreciation $ 8,500 Rent Administrative expenses $ 1,900 $ 1,600 $ 0.02 ces For example, electricity costs should be $1,200 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.10 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 Revenue Expenses: Cleaning supplies Electricity Maintenance. Wages and salaries. Depreciation Rent Administrative expenses Total expense Net operating income Required: 8,100 $ 50,900 6,100 1,650 2,240 7,460 8,500 2,100 1,660 29,710 $ 21,190 Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity variances for August. Note: Indicate the effort of each variance by selecting "F" for favorable. "U" for unfavorable. and "None" for no effect (i.e.. zero

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