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lavage rapide Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates
lavage rapide
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 Ered Cost per Cost per Month Car Washed Cleaning supplies 3 8.50 Electricity $ 1,300 $ 0.05 Haintenance $ 0.20 Hages and salaries $4,600 5.0.40 Depreciation $ 8,400 Rent 11,800 Administrative expenses $1,500 $ 0.00 For example, electricity costs should be $1300 per month plus $0.05 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.60 per car washed For example, electricity costs should be $1,300 per month plus $0.05 per car washed The company expecte to wash 8,400 cars in August and to collect an average of $6,50 per car washed The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual car's washed 3,500 Revenue 3.57.540 Expenses Cleaning supplies 4.700 Electricity 1,690 Haintenance 1.920 Wages and stories 8,320 Depreciation 8,400 Rent 2,000 Adhinistrative expenses 1,730 Total expense 28,766 Net operating income 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... zero variance), Input all amounts as positive values.) Required: Calculate the company's revenue and spending variances for August Ondicate the effect of each variance by selecting 'F' for favorable, "U" for unfavorable, and "None" for no effect (ietero variance). Input all amounts as positive values.) Lavage Rapide Revenue and Spending Variance For the faith Ended upust 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Runt Administrative expenses Tottense Net operating income Step by Step Solution
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