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undefined Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning

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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the companys costs:

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the companys costs:

Fixed Cost per Month Cost per Car Washed
Cleaning supplies $ 0.60
Electricity $ 1,200 $ 0.09
Maintenance $ 0.15
Wages and salaries $ 4,200 $ 0.40
Depreciation $ 8,100
Rent $ 1,800
Administrative expenses $ 1,700 $ 0.01

For example, electricity costs are $1,200 per month plus $0.09 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.20 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 8,500
Revenue $ 54,180
Expenses:
Cleaning supplies 5,540
Electricity 1,926
Maintenance 1,500
Wages and salaries 7,920
Depreciation 8,100
Rent 2,000
Administrative expenses 1,684
Total expense 28,670
Net operating income $ 25,510

Required:

Calculate the company's revenue and spending 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. Do not round intermediate calculations.)

For example, electricity costs are $1,200 per month plus $0.09 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.20 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 8,500
Revenue $ 54,180
Expenses:
Cleaning supplies 5,540
Electricity 1,926
Maintenance 1,500
Wages and salaries 7,920
Depreciation 8,100
Rent 2,000
Administrative expenses 1,684
Total expense 28,670
Net operating income $ 25,510

Required:

Calculate the company's revenue and spending 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. Do not round intermediate calculations.)

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