Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the companys costs:

	Fixed Cost per Month			Cost per Car Washed
Cleaning supplies				$	0.50
Electricity	$	1,000		$	0.08
Maintenance				$	0.15
Wages and salaries	$	4,000		$	0.20
Depreciation	$	8,500
Rent	$	2,100
Administrative expenses	$	1,300		$	0.01

For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.50 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		8,300
Revenue	$	55,400
Expenses:
Cleaning supplies		4,600
Electricity		1,626
Maintenance		1,470
Wages and salaries		6,000
Depreciation		8,500
Rent		2,300
Administrative expenses		1,282
Total expense		25,778
Net operating income	$	29,622

Required:

Prepare a flexible budget performance report that shows the companys 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 Revenue and Flexible Results Spending Variances Budget 8,300 Activity Variances Planning Budget Cars washed Revenue $ 55,400 F F 4,600 U U 1,626 F U 1,470 U 6,000 U U Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 8,500 0 None 8,500 0 None 8,500 2,300 U None 1,282 F U 25,778 U U u $ 29,622 F