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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal.

The following table provides data concerning the company's costs: Fixed Cost Cost per Per Month Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $3,300 $4,800 $6,800 $3,900 $.09 $1,340 $.65 $.13 $.10 $.11

For example, electricity costs are 1,340 per month plus .13 per car washed. The company expects to wash 10,100 cars in August and to collect an average of 4.20 per car washed. The actual operating results for August appears below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed Revenue 9,300 $48,080

Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 7,445 3,049 1,560 4,333 4,800 6,800 5,347

Total expense

33,334

Net operating income

$14,746

) Lavage Rapide Revenue and Spending Variances For the Month Ended August 31 Revenue and Spending Variances Revenue $9. Indicate the effect of each variance by selecting "F" for favorable. and "None" for no effect (i. Omit the "$" sign in your response. Input all amounts as positive values. zero variance).870 F .e.400 500 630 10 U U U U None None 610 U Total expense 3. (Leave no cells blank . "U" for unfavorable.020 F Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 1.be certain to enter "0" wherever required.150 U Net operating income $5..Required: Prepare a report showing the company's revenue and spending variances for August.