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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 estimates 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 estimates concerning the company's costs: Cost per Fixed Cont per Month $1,100 Car Washed $0.70 $0.06 $0.15 $0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $4.300 $8.400 $2,200 $1,500 50.04 For example, electricity costs should be $1100 per month plus $0.06 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.40 per car washed The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Unded Ragust 31 Actual cars washed 8,200 Revenue 352,940 Cleaning supplies 6,170 Electricity 1.556 Maintenance 1,453 Mages and salaries 7.030 Depreciation 3.400 Rent 2.400 Administrative expenses Total en 28.795 et operating income 125, 145 1.724 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, zero variance). Input all amounts as positive values.) Lavage Rapide R and Spending van For the Month Ended August 31 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 Not operating income

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