Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs:

Fixed Cost Cost per

per Month Car Washed

Cleaning supplies $ 0.60

Electricity $ 1,500 $ 0.07

Maintenance $ 0.10

Wages and salaries $ 4,600 $ 0.20

Depreciation $ 8,500

Rent $ 2,200

Administrative expenses $ 1,600 $ 0.01

For example, electricity costs are $1,500 per month plus $0.07 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.20 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 8,100

Revenue $ 51,700

Expenses:

Cleaning supplies 5,300

Electricity 2,030

Maintenance 1,040

Wages and salaries 6,560

Depreciation 8,500

Rent 2,400

Administrative expenses 1,580

Total expense 27,410

Net operating income $ 24,290

Required:

Calculate 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.)

Revenue __________________ _______________

Expenses:

Cleaning supplies __________________ _______________

Electricity __________________ _______________

Maintenance __________________ _______________

Wages and salaries __________________ _______________

Depreciation __________________ _______________

Rent __________________ _______________

Administrative expenses __________________ _______________

Total expense __________________ _______________

Net operating income __________________ _______________