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Lavage Rapide is a Canadian company that owns...

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Accounting

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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 company's costs: Pixed Cast per Month $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses cost per Car Washed 50.60 $0.05 $0.25 $0.30 $4,600 $8.200 $2,000 $1,600 $0.02 For example, electricity costs are $1,300 per month plus $0.05 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.80 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Unded August 31 0 Actual cars washed 8,200 $57,180 Revenue Expenses cleaning supplies lectricity Maintenance Mages and salaries Depreciation Hent Administrative expenses Total expense Bet operating income 5,360 1,675 2,265 7,390 8,200 2.200 1,662 28.752 $ 28,420 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for

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