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Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. the following table provides data concerning the company's
Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. the following table provides data concerning the company's costs: For example, electricity costs are $1, 300 per month plus $0. 05 per car washed. the company expects to wash 8, 100 cars in October and to collect an average of $6. 30 per car washed. Compute the company's revenue and spending variances for October. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "IT for unfavorable, and "None" for no effect (i. e. , zero variance). Omit the "$" sign in your response. )
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