Return to 4 Fixed cost per Month $1,500 Cost per Car Washed $0.60 $0.10 $0.10 $0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 10 points $4,200 $8,200 $2,200 $1,600 $0.01 For example, electricity costs should be $1,500 per month plus $0.10 per car washed. The company expects to wash 8,500 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 cars washed 8,600 $57,350 Revenue Expenses cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 5,600 2,320 1,090 7.710 8,200 2.400 1.585 28,305 $ 29,045 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for Mc 4 of 6