Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's expected costs Fixed Cost per Month Cost per Car Washed $ 2,600 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $0.90 0.30 0.50 0.60 5,800 9,400 3,200 2,910 e.es For example, electricity costs are $2,600 per month plus $0.30 per car washed. The company expects to wash 9,100 cars in October and to collect an average of $8.00 per car washed. Auto Lavage's actual level of activity was 9.200 cars. The actual revenues and expenses for October are given below Auto Lavage Income Statement For the Month Ended October 31 Actual cars washed 9,200 Sales $78,000 Variable expensest Cleaning supplies Electricity Maintenance 8, 515 2,822 4.350 example, electricity costs de $2,00 per mon pius 30.30 per Car Washeu me company expects to West 9,100 Cars in UtODE and to collect an average of $8.00 per car washed. Auto Lavage's actual level of activity was 9,200 cars. The actual revenues and expenses for October are given below. Auto Lavage Income Statement For the Month Ended October 31 Actual cars washed 9,200 Sales $78,000 Variable expenses: Cleaning supplies Electricity Maintenance Wages and salaries Administrative Fixed expenses: Electricity Wages and salaries Depreciation Rent Administrative 8,515 2,822 4,350 5,860 510 2,660 5,800 9,400 3,200 2,845 Total expense 45,962 Het operating Income $32,038 Required: Saved AUTO LAVAGE INC. Flexible Budget Performance Report For the Month Ended October 31 Cost Formula Flexible Actual (per car) Budget Flexible Budget Variance Variable Expenses Total variable expenses Fixed expenses Totalfixed expenses 2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 9.100 cars. (Indicate the effect of each variance by selecting "F* for favourable, "U" for unfavourable, and "None" for no effect (.e., zero variance).) AUTO LAVAGE INC Comprehensive Performance Report For the Month Ended October 31 Actual Flexible Budget Flexible Variance Budget 9.200 2.200 Actual Sales Volume Variance Number of cars Static Budget 9,100 Variable Expenses Total variable expenses Foed expenses Tots forced expense