Le Rapide is Cardin camryta w pielry automatich facility near Montreal. The following to creiche cal cancering the company's wete: Fin C per Moth Cost per Car Washed Cleaning Bactrichy More Whend Depreciation Rol Am E 51.000 54,400 50.400 5 ODS $ 3 SO For example, electric ty costs are $1.000 per month plus $0.09 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.80 per car washed Things Agupp tkw Large Repth Irma Salmi For the Worth Ende dwust 31 Acha Wall 8,400 SYMBO Ex: Cleaning upplies Fle 7,140 El 1717 Waimperance 1.800 Vous adlarios 8,000 Down 2.40:1 Rent 2.000 Achinupuna 1,449 Top Nesting in $26,184 Required: Complete the fobis budget performance report that shows the company's activity variances and revenue and spending variances for August. Indicate the effect of each variance by selecting "F* for favorable. "U" for unfavorable, and "None" for no efect (L.o., zero variance). Input all amounts as positive values.) Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Ramnus and Spending Variances Activity Variantas Resu Expenses: Chh Eeaniti: Maintenance Wazas and a Der R Naminis expenses Tortalen Nul opring income Rapides Canary own and we arwah tacy near Mr Theologie provide coming the company's ch Car Washed 300 100 31.00 H. S. A For examplectricity are $1.000 per month plus 1000 per oww The company aspects 8.30 August and to collect an average of 60 perc washed The act out for August perbelow For More Med Expre Viages and De 140 EN 3.000 3.400 2.000 1 Apr MacBook Air 2 5 6 ON 8 Fixed Cost per Month Cost per Car Washed $ 0.80 $ 0.09 $ 0.20 $ 0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $4,400 $8,400 $1,800 $1.300 $ 0.03 For example, electricity costs are $1,000 per month plus $0.09 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.60 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,400 Revenue $56.880 Expenses Cleaning supplies 7.140 Electricity 1,717 Maintenance 1,900 Wages and salaries 8,080 Depreciation 8.400 Rent 2.000 Administrative expenses 1449 Total expense 30,686 Net operating income $25,194 Required: Complete the flexible budget performance report that shows the company's activity variances and revenue and spending variances for August (Indicate the effect of each variance by selec all amounts as positive values.) Lavage Rapide
