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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 Electricity Maintenance $0.60 $1,100 $0.06 $0.20 Wages and salaries Depreciation Rent Administrative expenses $4,700 $8, 300 $1,900 $1,500 $0.20 $0.02 For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.50 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statenent For the Month Ended August 31 Actual cars washed 8,500 $ 56, 700 Revenue Expenses Cleaning supplies Electricity 5,540 1,574 1,920 6,740 8,300 2,100 568 27,742 Maintenance Wages and salaries Depreciation Rent Adninistrative expenses Total expense Net operating income $28,958 Required: Calculate the company's revenue and spending variances for August (Indlicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None for no effect (.e.zero variance). loput all amounts as positive values.) O Answer is not complete. Lavage Rapide Revenue and Spending Variances For the Month Ended Aagust 31 Revenue NA50 Expenses Cleaning suppies 440 U Electricity Maintenance 220 Wages and salares 340 Depreciation None Rent 200 U Administraive expenses Total expense Net operating income IF 000000000

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