Question: For example, electricity costs are $ 1 , 1 0 0 per month plus $ 0 . 0 6 per car washed. The company expects
For example, electricity costs are $ per month plus $ per car washed. The company expects to wash
cars in August and to collect an average of $ 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 ie zero variance Input all amounts as
positive values. Do not round intermediate calculations.
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