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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 data 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 data concerning the company's costs Fixed Cost Cost per per Month Car Washed Cleaning supplies 50.50 Electricity $1,100 Maintenance 50.20 Wages and salaries $4,600 $0.20 Depreciation $8,400 Rent $2,200 Administrative expenses $1,300 $0.62 50.07 For example, electricity costs are $1,100 per month plus $0.07 per car washed. The company expects to wash 8.400 cars in August and to collect an average of $6.30 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 8,500 $ 55,020 Revenue Expenses Cleaning supplies Electricity Maintenance 4,700 1,658 1.920 ana to collect an average of $6.30 per car washea, The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,500 Revenue $ 55,020 Expensest Cleaning supplies 4.700 Electricity 1,650 Maintenance 1.920 Wages and salaries 6,640 Depreciation 8,400 Rent 2,400 Administrative expenses 1.368 Total expense 27.036 Net operating Incone $ 27,934 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 (.e.. zero variance). Input all amounts os positive values. Do not round intermediate calculations.) Lavage Rapide Revenue and Spendina Variances 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. Do not round intermediate calculations.) 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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