Connect App https://ezto.mheducation.com Question 3 - Asignacin Presupuesto - mdulo 8 - Connect Asignacin Presupuesto - mdulo 8 i Saved 5 3 points eBook Print References Total expense Net operating income Required: 27,251 $ 28,799 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.) Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 Alt+Q 81F Mc Graw Hill Mostly cloudy Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income $ 52,920 Q Search < Prev 3 of 3 conne 99+ Next > Help Save & Exit Submit OneDrive Check my work Screenshot saved The screenshot was added to your OneDrive. ENG 10:57 PM 5/19/2023 Connect App https://ezto.mheducation.com Question 3 - Asignacin Presupuesto - mdulo 8 - Connect Alt+Q Asignacin Presupuesto - mdulo 8 3 Saved 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: 5 points eBook Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Fixed Cost Cost per Car per Month Washed $ 0.40 $ 1,100 $ 0.08 $ 0.25 $ 4,400 $ 0.30 $ 8,300 $ 1,900 $ 1,500 $ 0.04 Print References Administrative expenses For example, electricity costs are $1,100 per month plus $0.08 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.50 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Mc Graw 81F Hill Mostly cloudy Actual cars washed Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income Required: 8,400 $ 56,050 3,820 1,734 2,315 7,250 8,300 2,100 1,732 27,251 $ 28,799 Q Search < Prev 3 of 3 conne 99+ Next > Help Save & Exit Submit Check my work ENG 10:57 PM 5/19/2023