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These two go together Lavage Rapide is a Canadian company that owns and operates a large sutomatic car wash facility car Montreal. The follow tabletta
These two go together
Lavage Rapide is a Canadian company that owns and operates a large sutomatic car wash facility car Montreal. The follow tabletta Fixed Cost Per Moth $1.100 Cleaning Supplies Electricity Maintenance Wages and Salaries Depreciation Rent Administrative Expenses Cost Per Car Washed $0.50 $0.07 50.30 50.30 $4.300 58.100 $2,000 S1,500 50.03 For example, electricity costs should be S1,100 per month plus $0.07 per car washed. The company expects for wash 5.500 cars in Aupant and to collect an average 56.30 per car washed 8.500 $54,180 The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed Revenue Expenses Cleaning supplies 54,700 Electricity 5 1.658 Maintenance $ 2,760 Wages and Salaries $ 7,180 Depreciation S 8,100 Rent 5 2.200 S1652 8.500 $34,180 The actual operating results for August are as follows Lavage Rapide Income Statement For the Month Ended August Actual curs washed Revenue Expenses Cleaning supplies 54,200 Electricity $1,658 Maintenance $ 2,760 Wages and Salaries $ 7.180 Depreciation $ 8,100 Rent $ 2,200 Administrative Expenses $.1.652 Total Expense $ 28,250 Net Operating Income S 25,930 What is the company's revenue variance for August? Type your answer. 8 2 points What is the company's spending variance (total expense variance) for August (Refer to the Revence and Spending Variances from Q7Y? Type your Step by Step Solution
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