Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the companys costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.80 Electricity $ 1,300 $ 0.05 Maintenance $ 0.30 Wages and salaries $ 4,900 $ 0.30 Depreciation $ 8,300 Rent $ 2,000 Administrative expenses $ 1,400 $ 0.05 For example, electricity costs should be $1,300 per month plus $0.05 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.40 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,600 Revenue $ 56,500 Expenses: Cleaning supplies 7,300 Electricity 1,695 Maintenance 2,790 Wages and salaries 7,810 Depreciation 8,300 Rent 2,200 Administrative expenses 1,725 Total expense 31,820 Net operating income $ 24,680

Required:

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