Fixed cost 10.49 $0.99 $0.15 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 4.909 $ 8, ene $ 2,160 $1,600 0.01 For example, electricity costs are $1,400 per month plus $0.09 per car washed. The company expects to wash 8100 cars in August and to collect an average of $6.60 per car washed. Required: Prepare the company's planning budget for August. te a Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expense Electrot Maintenance Wages and salaries Depreciation Administrative expenses Total expen Net operating income Cleaning supplies Electricity Maintenance Wages and salaries Depreciation C $ . .15 . 3e Administrative expenses For example, electricity costs are $1.500 per month plus $0.09 per car washed. The company actually washed 8,300 cars in August and collected an average of $6.50 per car washed. Required: Prepare the company's flexible budget for August. olo 10 Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses Cleaning Supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Total expense Ne: coerating income 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 Cost per Car Washed se ze se.es $1,100 Cleaning supplies Electricity Maintenance Hages and salaries Depreciation Rent Administrative expenses 50.20 $4,700 $8,20 $1, Bee $1,400 $0.02 For example, electricity costs are $1,100 per month plus $0.09 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.10 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 6,170 1.799 1.455 6.58 8.280 2. Bu Required: Calculate the companys revenue and spending variances for August, indicate the effect of each variance by selecting for favorable, " for unfavorable, and None" for no effect ( zero variance input all amounts as positive values. Do not round Intermediate calculations.)