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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 estimates concerning the

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 $ 0.40
Electricity $ 1,400 $ 0.06
Maintenance $ 0.15
Wages and salaries $ 4,400 $ 0.40
Depreciation $ 8,200
Rent $ 2,100
Administrative expenses $ 1,300 $ 0.05

For example, electricity costs should be $1,400 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.70 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 8,100
Revenue $ 55,700
Expenses:
Cleaning supplies 3,700
Electricity 1,850
Maintenance 1,440
Wages and salaries 7,960
Depreciation 8,200
Rent 2,300
Administrative expenses 1,600
Total expense 27,050
Net operating income $ 28,650

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.

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