Exercise $9-13($Algo$)$ Prepare a Flexible Budget Performance Report $[$LO$9-4]$

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:

For example, electricity costs should be $\backslash (\backslash$$ $1,200\backslash )$ per month plus $\backslash (\backslash$$ $0\mathrm{.}06\backslash )$ per car washed. The company expects to wash $8,200$ cars in August and to collect an average of $\backslash (\backslash$$ $6\mathrm{.}10\backslash )$ per car washed.

The actual operating results for August are as follows:

Required:

Prepare a flexible budget performance report that shows the company's 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.$)$

Answer is not complete.