Hello, I need some help figuring out what I am supposed to do for question #3. Notice, I have already completed the previous two questions, so I am just stuck on calculating the variances using the two created budgets. Please show calculations! Thank you!

3. Using the previously created planning \& flexible budgets for Lavage Rapide, please calculate the variances from budget and indicate if the variances are favorable or unfavorable. 2. 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 company's costs: For example, electricity costs are $1,200 per month plus $0.15 per car washed. The company actually washed 8,800 cars in August and collected an average of $4.90 per car washed. Prepare the company's flexible budget for August. 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 company's costs: For example, electricity costs are $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. Prepare the company's planning budget for August. Revence 44,100(9,00054.90) Expenses: Cleaning supplies Electricity. Maintenance wages, Sqlaries Deprecition Rent Admin, expenses Total expenses Net op Income