EXERCISE 9-9 Prepare a Report Showing Revenue and Spending Variances LO9-2 Refer to the data for Lavage Rapide in Exercise 9-7. Also assume that the company's actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 8,800 Expenses: Cleaning supplies.... 7,560 2,260 8,500 Maintenance Rent. . . . 8,000 Administrative expenses ..4.950 ...39,940 Total expense Required: Calculate the company's revenue and spending variances for August. (Hint: Refer to Exhibit 9-6.)