Exercise 9-13 Prepare a Report Showing Revenue and Spending Variances [LO9-3] Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,300 $ 0.09 Maintenance $ 0.10 Wages and salaries $ 4,400 $ 0.40 Depreciation $ 8,200 Rent $ 1,900 Administrative expenses $ 1,500 $ 0.01 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expected to wash 8,500 cars in August and to collect an average of $6.30 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,600 Revenue $ 55,650 Expenses: Cleaning supplies 6,450 Electricity 2,035 Maintenance 1,090 Wages and salaries 8,160 Depreciation 8,200 Rent 2,100 Administrative expenses 1,485 Total expense 29,520 Net operating income $ 26,130 Required: Compute 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.)