Exercise 9-13(Algo) Prepare a Flexible Budget Performance Report [L09-4] Lavage Rapide is a Canadian...
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Exercise Algo Prepare a Flexible Budget Performance Report L 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: For example, electricity costs should be $ per month plus $ per car washed. The company expects to wash cars in August and to collect an average of $ per car washed. The actual operating results for August are as follows: Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity 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. 
Exercise Algo Prepare a Flexible Budget Performance Report L
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:
For example, electricity costs should be $ per month plus $ per car washed. The company expects to wash cars in
August and to collect an average of $ per car washed.
The actual operating results for August are as follows:
Required:
Prepare a flexible budget performance report that shows the company's revenue and spending variances and activity 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.
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