Fixed Cost per Month Cost per Car Washed $0.80 $0.06 $ 0.25 $0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,400 $4,200 $ 8,300 $1,900 $1,600 $ 0.03 For example, electricity costs should be $1,400 per month plus $0.06 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.00 per car washed. Required: Prepare the company's planning budget for August Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 0 $ Coat per Month $1,100 Cleaning supplies Electricity Maintenance Wages and salarien Depreciation Rent Administrative expenses Lope Car Washed $0.50 $ 0.06 $ 0.25 $ 0.30 $4,800 $8,200 $2,200 $1,600 $ 0.02 For example, electricity costs should be $1,100 per month plus $0.06 per car washed. The company actually washed 8,300 cars in August and collected an average of $6.80 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income $ Fixed Coat per Month $1,000 Cleaning supplies Electricity Maintenance Wages and salarios Depreciation Rent Administrative expenses Cost per Car Washed $0.60 $0.07 $0.25 $0.20 54,500 $8,100 $2,000 $1,500 $0.01 For example, electricity costs should be $1,000 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.60 per car washed. The company actually washed 8,200 cars in August Required: Calculate the company's activity 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.) Lavage Rapide Activity Variances For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income Exercise 9-9 (Algo) Planning Budget (L09-1) 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: Pixed cost per Month $1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.80 $0.06 $ 0.25 $0.30 $4,200 $ 8,300 $1,900 $1,600 $ 0.03 For example, electricity costs should be $1.400 per month plus $0.06 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.00 per car washed, Required: Prepare the company's planning budget for August Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Cleaning supplies Electrioty Maintenance Wages and was Exercise 9-10 (Algo) Flexible Budget (L09-11 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: Fixed Cout per Month $1,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.50 $ 0.06 $ 0.25 $0.30 $4,800 SB,200 $2,200 $1,600 $0.02 For example, electricity costs should be $1,100 per month plus $0.06 per car washed. The company actually washed 8,300 cars in August and collected an average of $6.80 per car washed, Required: Prepare the company's flexible budget for August Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Exercise 9-11 (Algo) Activity Variances [LO9-2] 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: Paxed cost per month Cost per $1,000 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Car Washed $0.60 $0.07 $0.25 50.20 $4,500 $8.100 $2,000 $1,500 $0.01 For example, electricity costs should be $1,000 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.60 per car washed. The company actually washed 8,200 cars in August Required: Calculate the company's activity variances for August. (Indicate the effect of each variance by selecting "f* for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.) Lavage Rapide Activity Variances For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and sales Depreciation Rent