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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

image text in transcribedimage text in transcribed 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.) Awesome Company owns and operates a large automatic car wash facility in Winchester. The following table provides data concerning the company's costs: For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.80 per car washed. The actual operating results for August are as follows: 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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