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prac 9!l q3 Lavage Rapide is a Canadian company that...

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Accounting

prac 9!l q3
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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash focility near Montreal. The following table provides data concerning the company's costs: For example, electricity costs are $1,400 per month plus $0.07 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.90 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 avorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Do not round 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. Do not round intermediate calculations.)

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