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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 estimates concerning the company's costs: Fixed Cost per Month Cost per Car Washed $0.80 $0.15 $0.20 $0.30 $1,200 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 55.000 $6,000 $8,000 $4,000 $0.10 For example, electricity costs should be $1.200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 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 8,800 $.43,880 Revenue Expenses Cleaning Supplies Electricity Maintenance 7,560 2,670 2.260 Drew 57 A For example, electricity costs should be $1200 per month plus $015 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 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 224 $ 43,000 Revenue Expensest Cleaning Supplies Electricity Maintenance Mages and salaries Depreciation Rent Administrative expenses Total expense Tiet operating income 7.560 2,670 2,260 8.500 6,000 8,000 4,950 39,940 $ 3,140 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 os positive values.) Lavage Rapitie 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 (ie, zero variance). Input all amounts as positive values.) Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income

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