Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs:

Fixed Cost per Month

Cost per Car Washed

Cleaning supplies				$	0.50
Electricity	$	1,300		$	0.10
Maintenance				$	0.25
Wages and salaries	$	4,500		$	0.30
Depreciation	$	8,300
Rent	$	2,000
Administrative expenses	$	1,500		$	0.02

For example, electricity costs are $1,300 per month plus $0.10 per car washed. The company actually washed 8,300 cars in August. The company expected to collect an average of $6.50 per car washed.

The actual operating results for August appear below.

Lavage Rapide Income Statement For the Month Ended August 31
Actual cars washed		8,300
Revenue	$	53,865
Expenses:
Cleaning supplies		4,550
Electricity		2,300
Maintenance		2,575
Wages and salaries		7,830
Depreciation		8,300
Rent		2,000
Administrative expenses		1,716
Total expense		29,271
Net operating income	$	24,594

Required:

Prepare a report showing the companys revenue and spending variances for August. (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.)

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