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Lavage Rapide is a Canadlan company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the

Lavage Rapide is a Canadlan company that owns and operates a large automatic car wash facility near Montreal. The following table
provides data concerning the company's costs:
For example, electriclty costs are $1,400 per month plus $0.10 per car washed. The company expects to wash 8,000 cars in August
and to collect an average of $5.90 per car washed.
The actual operating results for August are as follows:
Required:
Calculate the company's revenue and spending varlances for August. (Indicate the effect of each varlance by selectling "F" for
favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values. Do not round
intermediate calculations.)
Answer is complete but not entirely correct.
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