Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Fixed Cost per Month $1,300 Cleaning Supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed 50.70 50.08 50.15 50.40 $4,799 $8,000 $2.000 $1,800 50.02 For example, electricity costs should be $1,300 per month plus $0.08 per car washed. The company expects to wash 8100 cars in August and to collect an average of $610 per car washed The actual operating results for August are as follows Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 3,200 Revenue Expenses: Cleaning supplies 6.170 Electricity 1,916 Maintenance 1,455 Wapes and salaries 3,300 Depreciation 3.000 Rent 2,200 Administrative expenses 1.362 Total expense 20,905 Niet operating income $ 21,685 Required: Calculate the company's revenue and spending vanances for August (indicate the effect of each variance by selecting "Ffor favorable, "U" for unfavorable, and "None" for no effect (le, zero varlonce). Input all amounts as positive values.) Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.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