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

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Accounting

Lavage Rapide is a Canadlan company that owns and operates a large automatic car wash facility near Montreal. The following table
provides data concerning the company's costs:
For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,000 cars In August
and to collect an average of $6.40 per car washed.
The actual operating results for August are as follows:
Required:
Calculate the company's revenue and spending varlances for August. (Indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance). Input all amounts as positive values.)
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