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Please help me with the part that asks me to calculate the companys activity variances for august. Lavage Rapide is a Canadian company that owns
Please help me with the part that asks me to calculate the companys activity variances for august.
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: 175 points For example, electricity costs should be $1,300 per month plus $010 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August. 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. For example, electricity costs should be $1,100 per month plus $0.10 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.50 per car washed. The company actually washed 8.500 cars in August. Required: Calculate the company's activity variances for August. (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.)Step by Step Solution
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