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Exercise 9 - 1 1 ( Algo ) Activity Variances [ LO 9 - 2 ] Lavage Rapide is a Canadlan company that owns and

Exercise 9-11(Algo) Activity Variances [LO9-2]
Lavage Rapide is a Canadlan company that owns and operates a large automatic car wash facllity near Montreal. The following table
provides estimates concerning the company's costs:
For example, electriclty costs should be $1,400 per month plus $0.09 per car washed. The company expects to wash 8,500 cars in
August and to collect an average of $6.50 per car washed. The company actually washed 8,600 cars in August.
Required:
Calculate the company's actlvity varlances for August.
Note: Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero
varlance). Input all amounts as positive values.
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