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Exercise 9-11 (Algo) Activity Variances [LO9-2] Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. Ihe
Exercise 9-11 (Algo) Activity Variances [LO9-2] Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. Ihe following tal provides estimates concerning the company's costs: For example, electirity costs should be $1,100 per month plus $0,05 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.40 per car washed. The company actually washed 8,400 cars lin August. Required: Calculate the company's activity 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.) Required: Calculate the company's activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
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