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For example, electricity costs should be $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars August and to collect

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For example, electricity costs should be $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars August and to collect an average of $4,90 per car washed. The actual operating resuits for August are as follows: Required: Required: Calculate 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 vaiues.) Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 \begin{tabular}{|l|} \hline Revenue \\ \hline Expenses: \\ \hline Cleaning supplies \\ \hline Electricity \\ \hline Maintenance \\ \hline Wages and salaries \\ \hline Depreciation \\ \hline Rent \\ \hline Administrative expenses \\ \hline Total expense \\ \hline Net operating income \\ \hline \end{tabular}

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