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:

Fixed Cost per Month

Cost per Car Washed

Cleaning supplies				$	0.40
Electricity	$	1,200		$	0.09
Maintenance				$	0.25
Wages and salaries	$	5,000		$	0.40
Depreciation	$	8,000
Rent	$	2,100
Administrative expenses	$	1,400		$	0.03

For example, electricity costs are $1,200 per month plus $0.09 per car washed. The company actually washed 8,100 cars in August. The company expected to collect an average of $6.60 per car washed.

The actual operating results for August appear below.

Lavage Rapide Income Statement For the Month Ended August 31
Actual cars washed		8,100
Revenue	$	53,425
Expenses:
Cleaning supplies		3,710
Electricity		2,099
Maintenance		2,555
Wages and salaries		9,100
Depreciation		8,000
Rent		2,100
Administrative expenses		1,698
Total expense		29,262
Net operating income	$	24,163

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.)

Lavage Rapide

Revenue and Spending Variances

For the Month Ending August 31

Revenue		U
Expenses:	-	-
Cleaning Supplies		U
Electricity		U
Maintenance		U
Wages and Salaries		U
Depreciation		None
Rent		None
Administration Expenses		U
Total expense		U
Net operating income		U