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 Coat per Month cost per Car Washed $0.40 $0.05 $0.15 $0.20 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,400 $4,100 $8,300 $2,000 $1,500 $0.01 For example, electricity costs should be $1,400 per month plus $0.05 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.80 per car washed. The company actually washed 8,200 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 (1.e., zero variance). Input all amounts as positive values.) Lavage Rapide Activity Variances For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wagos and salaries Depreciation Rent Administrative expenses Total perse Net operating incomo 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 Cont Cont per per Month $1,400 Cleaning supplies Electricity Maintenance Kages and salaries Depreciation Rent Administrative expenses Car Washed $0.60 $0.09 $0.25 $0.30 $4,300 $8,300 $2,000 $1,300 $0.04 For example, electricity costs should be $1,400 per month plus $0.09 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $5.90 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 8,200 849,090 Hovence Expenses Cleaning supplles Electricity Maintenance Mages and salarice Depreciation Rent Administrative expenses Total expense Het operating Income 5,360 2.099 2,265 7.090 0,300 2,200 1.524 28.038 $ 21,052 . BUCUR UU watu 0,400 $ 49,890 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 5,360 2,099 2,265 7,090 8,300 2,200 1,524 28,838 $ 21,052 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting 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 Ront Administrative expenses Total expense Not operating income