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Cost per Lavage Rapide is. Canadian company that owns and operates a large automatic car wash facility near Montresl. The following table provides cats conceming
Cost per Lavage Rapide is. Canadian company that owns and operates a large automatic car wash facility near Montresl. The following table provides cats conceming the company's costs: Fixed Cost par Month Car Washed Cleaning supplies se.se Electricity $1,100 se.co Maintenance se.is Wages and salaries $4,200 $8.48 Depreciation SR. Runt $2,100 Administrative expenses $1,200 For example, electricity costs are $1,100 per month plus $0.09 per car washed. The company expects to wash 3,200 cars in August and to collect an average of $6.00 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 Revenue $ 51,300 Expenses Cleaning supplies Electricity 1.08 Maintenance 1.470 Wages and salaries B. Ma Depreciation B. Administrative expenses Total expense Not operating Income $ 22,554 Required: Calculate the company's revenue and spending variances for August (Indicate the effect of each variance by selecting "P" for favorable. "Ufor unfavorable, and "None for no effect (.e.. zero varlence). Input all amounts as positive values.) Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Viages and salaries Deprecation Rent Administrative expenses Total expen Not operating income
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