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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concening the company's

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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concening the company's costs c Fixed Cost per Month Car Washed S 0.50 S 0.08 $ 0.15 $ 040 Cleaning supplies Electricity S 1,400 Wages and salaries Depreciation Rent Administrative expenses S 4,800 S 8,500 S 1,900 $ 1,300 S004 For example, electricity costs are $1,400 per month plus S0.08 per car washed. The company expected to wash 8,100 cars in August and to collect an average of $6.30 per car washed. The actual operating results for August appear below Lavage Rapide ncome Statement For the Month Ended August 31 Actual cars washed Revenue 8,200 $ 53,130 Expenses Cleaning supplies Electricity Wages and salaries Depreciation Rent Administrative expenses 4,550 2,018 1.455 8,400 8,500 2,100 1,524 Total expense 28,547 Net operating income $ 24,583 Required: Compute the company's revenue and spending variances for August (Indicate th effect (I.e, zero variance). Input all amounts as positive values.) e effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None for no Required: Compute the company's revenue and spending variances f effect (.e., zero variance) Input all amounts as positive values) for August. (lindicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no Revenue and Spending Variances Month Ended August 31 Revenue Cleaning supplies Electricity Maintenance Wages and salaries Rent Total expense Net operating income

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