8 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent 0:40:25 Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.50 $ 1,500 $ 0.06 $ 0.15 $ 4,200 $ 0.20 $ 8,000 $ 1,900 $ 1,600 $ 0.02 For example, electricity costs should be $1,500 per month plus $0.06 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.30 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 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income Required: 8,300 $ 53,760 4,600 1,962 1,470 6,200 8,000 2,100 1,664 25,996 $ 27,764 Calculate the company's revenue and spending variances for August. 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. Revenue Expenses: Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 Cleaning supplies Electricity Maintenance Wages and salaries U Depreciation None Rent None Administrative expenses U Total expense Net operating income F