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Lavage Rapide is a Canadian company that owns and operates a large sutomatic car wash facility near Montreal. The following table provides estimates concerning the

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Lavage Rapide is a Canadian company that owns and operates a large sutomatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Fixed Cost Cost per per Month Car Washed Cleaning supplies $ 8.50 Electricity $ 1,480 $ 0.07 Maintenance $ 0.10 Wages and salaries $ 4,480 Depreciation $ 8,280 Rent $ 2,000 Administrative expenses $ 1,620 $ 0.03 For exemple, electricity costs should be $1.400 per month plus $0.07 per car washed. The company expects to wash 3,200 cars in August and to collect on average of $6.40 per car washed. The actual operating results for August are as follows: $ 0.30 Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,300 Revenue $ 54,580 Expenses: Cleaning supplies 4.602 Electricity 1.944 Maintenance 1,260 Wages and salaries 7,220 Depreciation 8.200 Rent 2.ee Administrative expenses 1.746 Total expense 26,970 Net operating income $ 27,612 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (Le.. zero variance). Input all amounts as positive values.) 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 Net operating income

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