Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month Cost per Car Washed $0.50 $0.09 $0.20 $0.20 $1,000 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $4,400 $ 8,100 $ 1,900 $ 1,700 $0.02 For example, electricity costs are $1,000 per month plus $0.09 per car washed. The company actually washed 8,000 cars in August. The company expected to collect an average of $6.80 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,000 54,315 Revenue $ Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 4,480 1,880 2,190 6,850 8,100 1,900 1,925 27,325 Total expense 26,990 Net operating income $ Required: Prepare a report showing 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 values.) Lavage Rapide Revenue and Spending 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