Question: please help prepare a flexible budget performance report for August Lavage Rapide owns and operates a large automatic car wash facility near Montreal, The following
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 $0.08 per ar washed. The company expects to wash 8,000 cars in August and to collect an average of $6.80 per car washed. The actual operating results for August are as follows: Required: Note: 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
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