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 company's costs: Cleaning supplies. Electricity Maintenance. Rent Actual cars washed Revenue Expenses: Wages and salaries Depreciation Administrative expenses For example, electricity costs should be $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Cleaning supplies Electricity Maintenance Wages and salaries. Depreciation Rent Fixed Cost per Month Administrative expenses Total expense Net operating income $ 1,200 $ 5,000 $ 6,000 $ 8,000 $ 4,000 Cost per Car Washed 8,800 $ 43,080 7,560 2,670 2,260 8,500 6,000 $ 0.80 $ 0.15 $ 0.20 $ 0.30 8,000 4,950 39,940 $ 3,140 $ 0.10 Required: Calculate the company's 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 is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity costs should be $1.200 per month plus $0.15 per car washed. The company expects to wash 9.000 cars in August and to collect an average of $4.90 per car washed. The actual operating results for August are as follows: Required: Calculate 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.)