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:

For example, electricity costs should be $$1,200$ per month plus $$0\mathrm{.}06$ per car washed. The company expects to wash

$8,200$ cars in August and to collect an average of $$6\mathrm{.}40$ per car washed.

The actual operating results for August are as follows:Required:

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.

Answer is not complete.Required:

Prepare the company's planning budget for August.

$\backslash$table$[[$Lavage Rapide$],[$Planning Budget$],[$For the Month Ended August $31],[,],[$Revenue$,],[$Expenses:$,],[$Cleaning supplies,$],[$Electricity$,],[$Maintenance$,],[$Wages and salaries,$],[$Depreciation$,],[$Rent$,],[$Administrative expenses,$],[$Total expense,$],[$Net operating income,$]]$