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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

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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 per Month points Cost per Car Washed $0.50 $0.07 $0.10 $0.30 $1,400 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $5,000 $8.000 $2,100 $1,500 $0.02 Print For example, electricity costs are $1,400 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.20 per car washed. References The actual operating results for August are as follows: Lavage Rapido Income statement For the Month Ended August 31 Actual cars washed 8,200 $ 52,320 4,550 1,937 1,050 Revenue Expenses: Cleaning supplies Eletricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 7.790 0,000 2.300 1.562 27,189 $ 25,131 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 (ie, zero variance). Input all amounts as positive values.) Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 Revenue S5022010 Expenses: Cleaning supplies 4,050 U Electricity 1,967 U Maintenance 8101F Wages and salaries 7430 F Depreciation 8.000 None Rent 2.100U Administrative expenses 10020 Total expense 26.019 F Net operating income $ 24.2010

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