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$$s costs: Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: For example, electricity costs are $\backslash (\backslash$$ $1,300\backslash )$ per month plus $\backslash (\backslash$$ $0\mathrm{.}08\backslash )$ per car washed. The company actually washed $8,300$ cars in August and collected an average of $\backslash (\backslash$$ $6\mathrm{.}30\backslash )$ per car washed. Requ ired: Prepare the company's flexible budget for August. The actual operating results for August are as follows:

Lavage Rapide

Income Statement

For the Month Ended August $31$

Actual cars washed $8,400$

Revenue $ $59,370$

Expenses:

Cleaning supplies $5,480$

Electricity $1,568$

Maintenance $1,070$

Wages and salaries $7,550$

Depreciation $8,200$

Rent $2,100$

Administrative expenses $1,949$

Total expense $27,917$

Net operating income $ $31,453$

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.For example, electriclty costs should be $$1,100$ per month plus $$0\mathrm{.}06$ per car washed. The company expects to wash $8,300$ cars in

August and to collect an average of $$6\mathrm{.}90$ per car washed.

The actual operating results for August are as follows:

Required:

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

Note: Indlcate the effect of each varlance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($I$.$e$.,$ zero

varlance$).$ Input all amounts as positive values.