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 $ 0.80

Electricity $ 1,200 $ 0.09

Maintenance $ 0.20

Wages and salaries $ 4,600 $ 0.40

Depreciation $ 8,300

Rent $ 1,900

Administrative expenses $ 1,700 $ 0.04

For example, electricity costs are $1,200 per month plus $0.09 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.30 per car washed. The company actually washed 8,100 cars in August.

Required:

Calculate the company's activity 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 Rapides

Activity 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 _________ ______