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Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company s costs: Fixed Cost

Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the companys costs:
Fixed Cost per Month Cost per Car Washed
Cleaning supplies $ 0.50
Electricity $ 1,200 $ 0.07
Maintenance $ 0.30
Wages and salaries $ 4,700 $ 0.30
Depreciation $ 8,000
Rent $ 2,000
Administrative expenses $ 1,500 $ 0.03
For example, electricity costs should be $1,200 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $5.90 per car washed.
The actual operating results for August are as follows:
Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed 8,500
Revenue $ 51,660
Expenses:
Cleaning supplies 4,700
Electricity 1,758
Maintenance 2,760
Wages and salaries 7,580
Depreciation 8,000
Rent 2,200
Administrative expenses 1,652
Total expenses 28,650
Net operating income $ 23,010
Required:
Calculate the company's revenue and spending variances for August.
Note: 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.
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