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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: For example, electricity costs are $1,300 per month plus $0,08 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.20 per car washed. The actual operating results for August are as follows Required: Calculate the company's tevenue and spending variances for August. (Indicote the effect of each varionce by selecting "F" for fovorable, "U" for unfavorable, and "None" for no effect (i.e., zero varionce). Input all amounts as positive values. Do not round intermediote calculations.) Maintenance Wages and salaries Depreclation Rent Adninistrative expenses Total expense Net operating income Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavoroble, ond "None" for no effect (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.) (7) Answer is complete but not entirely correct

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