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Fixed Cost per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.40 $0.06 $0.20 $0.20 $1,500 $4,800
Fixed Cost per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.40 $0.06 $0.20 $0.20 $1,500 $4,800 $8,100 $1,800 $1,300 $0.04 For example, electricity costs are $1,500 per month plus $0.06 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.20 per car washed. The company actually washed 8,400 cars in August. Required Calculate the company's activity 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.) Lavage Rapide Activity Variances For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income
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