Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. lavage rapide is a canadian company that owns and

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash...

90.2K

Verified Solution

Question

Accounting

image
image
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 $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: 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.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Electrical Engineering
1.2K views

explain the different levels of the PCI compliance (Payment Card Industry Security Standards Council) and what...

Biology
1.2K views

All of these sentences include commonly confused homophones. Which sentence is correct? a) It is...

Biology
1.2K views

List factors that affect the size of an ecological footprint

Physics
1.2K views

A taut string, 80 cm long and tied at both the ends has only resonance...

Physics
1.2K views

A man is measuring his actual weight by weighing machine as shown in figure The...

Geometry
1.2K views

21 Find the area of the pentagon 3 06 O 15 O 30 O 60...

Statistics
1.2K views

he table below lists the height h in cm the age a in years the...

Accounting
1.2K views

On June 10, Carla Vista Company purchased $8,000 of merchandise on account from Flint Company,...

Accounting
1.2K views

\table[[\table[[GOLDEN CORPORATION],[Comparative Balance Sheets],[December 31]],Current Year,Prior Year],[\table[[Assets],[Cash],[Accounts receivable],[Inventory],[Total current assets],[Equipment],[Accumulated depreciation-Equipment]],\table[[\table[[$164,000

Accounting
1.2K views

Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per...

Accounting
1.2K views

I need help creating a flowchart for the revenue cycle of an average and simple...

Accounting
1.2K views

Clark Corp. enters into a contract with a customer to build an apartment building for...