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The actual operating results for August are as follows: Required: Prepare a flexible budget performance...

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Accounting

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The actual operating results for August are as follows: Required: Prepare a flexible budget performance report for August. Exercise 9-13 (Algo) Prepare a Flexible Budget Performance Report [LO9-4] 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 $1,100 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.20 per car washed. The actual operating resuits for August are as follows: Required: Prepare a flexible budget performance report for August. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorathe, and "None" for no effect (i.e,, zero variance). Input all amounts as positive values

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