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B Book Print Cleaning supplies Electricity Maintenance wages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per Car per Month Washed $0.80 $
B Book Print Cleaning supplies Electricity Maintenance wages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per Car per Month Washed $0.80 $ 1,200 $0.15 $ 0.20 $ 5,000 $ 0.30 $ 6,000 $ 8,000 $ 4,000 $ 0.10 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 The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed rences Revenue Expenses: cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income Required: 8,see $ 43,080 7,560 2,678 2,260 8,500 6,000 8,000 4,950 39,940 $ 3,140 Calculate the company's revenue and spending variances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values. Do not round Intermediate calculations.) Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries: Depreciation Rent Administrative expenses Total expense Net operating income
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