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Calculate the company's revenue and spending variances for August. favorable, U for unfavorable, and None for no effect ( i . e .

Calculate the company's revenue and spending variances for August.
favorable, "U" for unfavorable, and "None" for no effect (i.e., zero va
intermediate calculations.) 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 companys costs:
Fixed Cost per Month Cost per Car Washed
Cleaning supplies $ 0.80
Electricity $ 1,500 $ 0.06
Maintenance $ 0.25
Wages and salaries $ 4,600 $ 0.30
Depreciation $ 8,400
Rent $ 1,900
Administrative expenses $ 1,500 $ 0.05
For example, electricity costs are $1,500 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.40 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 8,500
Revenue $ 55,860
Expenses:
Cleaning supplies 7,220
Electricity 1,974
Maintenance 2,340
Wages and salaries 7,480
Depreciation 8,400
Rent 2,100
Administrative expenses 1,820
Total expense 31,334
Net operating income $ 24,526
Required:
Calculate the company's revenue and spending variances for August. (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. Do not round intermediate calculations.)
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