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Lavage Rapide is a Canadien company that owns and operates a large outomatic car wash facility near Montreal. The following table provides estimates concerning the
Lavage Rapide is a Canadien company that owns and operates a large outomatic car wash facility near Montreal. The following table provides estimates concerning the compony's costs: For example, electricity costs should be $1,300 per month plus $0.08 per car wsshed. The compony expects to wash 8,300 cars in August and to collect an oversge of $6.10 per car woshed. The sctual operating results for August are as follows: Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and octivity variences for August. Note: Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (L.e., zero varlance). Input all amounts as positlve values
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