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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

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 companys costs:

Fixed Cost per Month Cost per Car Washed
Cleaning supplies $ 0.50
Electricity $ 1,100 $ 0.07
Maintenance $ 0.25
Wages and salaries $ 4,200 $ 0.20
Depreciation $ 8,500
Rent $ 2,000
Administrative expenses $ 1,700 $ 0.03

For example, electricity costs should be $1,100 per month plus $0.07 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 4,500
Electricity 1,630
Maintenance 2,240
Wages and salaries 6,160
Depreciation 8,500
Rent 2,200
Administrative expenses 1,840
Total expense 27,070
Net operating income $ 23,030

Required:

Calculate the company's revenue and spending variances for August.

Note: 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.

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