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Lavage Rapide is a Canadien company that owns and operates a large automatic car wash facility near Montreal, The following table provides estimates concerning the

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Lavage Rapide is a Canadien 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 $1,500 per month plus $0.06 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.90 per car washed. The actual operating results for August are as follows: Required: Calculate the company's revenue and spending variancos for August. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l,e., zero. Variance). Input all amounts as positive values. \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Lavage Rapide } \\ \hline \multicolumn{1}{|c|}{ Revenue and Spending Variances } \\ \hline For the Month Ended August 31 \\ \hline Revenue & \\ \hline Expenses: & \\ \hline Cleaning supplies & \\ \hline Electricity & \\ \hline Maintenance & \\ \hline Wages and salaries & \\ \hline Depreciation & \\ \hline Rent & \\ \hline Administrative expenses & \\ \hline Total expense & \\ \hline Net operating income & \\ \hline \end{tabular}

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