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PROBLEM 4: Report Showing Revenue and Spending Variances Refer to the data for Laba Linis problem 3. Also assume that the company's actual operating results

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PROBLEM 4: Report Showing Revenue and Spending Variances Refer to the data for Laba Linis problem 3. Also assume that the company's actual operating results for August are as follows: Lada Lanis Income Statement For the month ended August 31 8.800 P2.154.000 Actual cars washed Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation P378,000 133.500 113.00 425.000 300.000 400.000 247.500 Real Administrative expenses Net operating income 1997.000 P 157.000 Required: Refer to Exhibit 9-6. Calculate the company's revenue and spending variances for August

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