Exercise 9-13 Revenue and Spending Variances [LO9-3] 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: Fixed Cost per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.40 0.10 0.15 $0.30 $1,200 $4,400 $8,400 $2,000 $1,300 $0.02 For example, electricity costs are $1,200 per month plus $0.10 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.10 per car washed The actual operating results for August appear below. age Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,500 Revenue $ 53,340 Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 3,860 2,010 1,50e 7,280 8,400 2,200 1,368 26,618 26,722 Total expense Net operating income