vage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table rovides estimates concerning the company's costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.70 $1,300 $ 0.08 $ 0.10 $ 4,900 $ 0.30 $8,300 $ 1,800 $1,500 $ 0.02 For example, electricity costs should be $1,300 per month plus $0.08 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.70 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 Expensess Cleaning supplies, Electricity Maintenance Wages and salaries Depreciation Rent 8,100 $55,700 6,100 1,910 1,040 7,660 8,300 2,000 1,560 28,570 $27,130 Administrative expenses Total expense Net operating incone Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity variances fr August Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero variance). Input all amounts as positive values.