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 Cost per Car Washed

Cleaning supplies $ $0\mathrm{.}80$

Electricity $ $1,200$ $ $0\mathrm{.}15$

Maintenance $ $0\mathrm{.}20$

Wages and salaries $ $5,000$ $ $0\mathrm{.}30$

Depreciation $ $6,000$

Rent $ $8,000$

Administrative expenses $ $4,000$ $ $0\mathrm{.}10$

For example, electricity costs should be $$1,200$ per month plus $$0\mathrm{.}15$ per car washed. The company expects to wash $9,000$ cars in August and to collect an average of $$4\mathrm{.}90$ per car washed. The company actually washed $8,800$ 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 $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.$)$

Lavage Rapide

Revenue and Spending Variances

For the Month Ended August $31$

Revenue $$44,100$selected answer incorrect Uselected answer correct

Expenses:

Cleaning supplies not attempted Uselected answer correct

Electricity not attempted Uselected answer correct

Maintenance not attempted Uselected answer correct

Wages and salaries not attempted Uselected answer correct

Depreciation $0$selected answer correct Noneselected answer correct

Rent $0$selected answer correct Noneselected answer correct

Administrative expenses not attempted Uselected answer correct

Total expense not attempted Uselected answer correct

Net operating income