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: Fixed Cost Cost per per Month Car Washed Cleaning supplies 50.60 Electricity $ 1,100 5 0.07 Maintenance $ 0.15 Hages and salaries $5,000 $ 0.40 Depreciation $ 8,300 Rent $ 1,900 Administrative expenses $ 1,500 $ 0.01 For example, electricity costs should be $1100 per month plus $0.07 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.40 per car washed The actual operating results for August are as follows: Lavage apa Income Statement For the Month Ended August 31 Actual cars washed 8,100 Revenge $ 53,300 Expenses Cleaning supplies 5,300 Electricity 1.630 Maintenance 1.40 Wages and salaries 85 Depreciation 3,300 Rent 2.100 Adwinistrative expenses Total experte Het operating Incom $ 24,490 1,40 Required: Calculate the company's revenue and spending variances for August (indicate the effect of each variance by selecting "F" for Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 1,030 1,440 8,560 8,300 2,100 1,480 28,810 $ 24,490 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.) Lavage Rapide Revenue and Spending 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