Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs:

For example, electricity costs are $1,000 per month plus $0.05 per car washed. The company actually washed 8,000 cars in August. The company expected to collect an average of $6.70 per car washed.

The actual operating results for August appear below.

Required:

Prepare a report showing the companys 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 values.)

Cost per Car Washed $0.80 $ 0.05 $0.25 $0.30 Fixed Cost per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 1,000 $ 4,600 $ 8,100 $ 1,900 $ 1,500 $0.03