Check my work 4 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 company's costs: 10 points rixed Cost per Month Cost per car Washed $0.60 $0.07 0-20 0.30 Cleaning supplies Electricity $1,000 eBlook Wages and salaries Depreciation Rent Administrative expenses $4,100 $8,000 $1,800 $1,400 0.05 For example, electricity costs are $1,000 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.00 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,500 Revenue Expenses $52,500 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent 5,540 1,55 1,920 6,980 8, 000 2,000 4 For example, electricity costs are $1,000 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.00 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement ts For the Month Ended August 31 Actual cars washed 8,500 Book Print erence 952.500 Revenue Expensest ,540 1,558 1,920 6,980 8,000 2,000 1,720 27,718 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income $ 24,782 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.) 10 points eBook Print References Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Wages and salaries Depreciation Rent Total expense Net operating income