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Chapter 9 6 Help 7 Lavage '0e is a canadian company tnat owns ana operates a arge automauc car wasn adiny near Montreal, ine ionowma

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Chapter 9 6 Help 7 Lavage '0e is a canadian company tnat owns ana operates a arge automauc car wasn adiny near Montreal, ine ionowma ase provides data concerning the company's costs: Fixed Cost Cost per per Month Car Washed s0.80 $0.15 $0.20 $0.30 Cleaning supplies Electricity Maintenance 2.9 points $1,200 Wages and salaries Depreciation Rent $5,000 $6,000 $8,000 4,000 $0.10 Adninistrative expenses eBook For example, electricity costs are $1200 per month plus $015 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed Print The actual operating results for August appear below. Lavage Rapide Income Statement the Month Ended August 31 8,800 Actual cars washed $43,080 Expenses: 7,560 2,670 2,260 8,500 6,000 8,000 4.950 39,940 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent AdminBtrative expenses Total expense Net operating income $ 3,140 Required: Calculate the company's revenue and spending varlances 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.) 7of 7lll Next >

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