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: Blectricity Cleaning supplies Kaintenanc Wages and salaries Fixed Coat per Car Washed $0.80 $ 0.07 Cost par Month $1,500 $ 0.15 $ 4,300 $ 0.20 $ 8,200 $ 2,200 $ 1,500 $ 0.04 Depreciation Rent Administrative For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.10 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Staterent For the Month Ended August 31 Actual care vashed Expenses: cleaning supplies Electricity Kages and salaries Depreciation Rent Administrative expenses Total expense Bet operating income Required: 8,300 852,120 7,060 2,044 1,470 6,300 8.200 2,400 1,728 29,282 $ 22,918 Calculate the company's revenue and spending variances for August. Note: 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 F N Electricity IF Maintenance Wages and salaries Depreciation None Rent Adminstrative expenses Total expense Net operating Income Ju IF < Prev 2 of 9 Next >