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 per Month $1,400 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.70 $.0.06 $0.30 $0.30 $4,500 $8,300 $2,200 $1,500 $0.05 For example, electricity costs should be $1,400 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.00 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 8,100 Revenue $50, 100 Expenses cleaning supplies 6.100 Electricity 1,850 Maintenance 2,640 Wages and salaries 7.260 Depreciation 8,300 Hent 2,400 Ministrative expenses 1,800 Total expense 30.350 Net operating income $19.750 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.) Required: Calculate the company's revenue and spending variances for Au favorable, "U" for unfavorable, and "None" for no effect (i.e., ze 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