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Exercise 9-12 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 data concerning the company's costs: Fixed Cost per Month Cost per Car Washed se.se se.99 $0.25 Se.4e $1,5ee Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $4,400 $8,100 $2,000 $1,400 se.e3 For example, electricity costs are $1,500 per month plus $0.09 per car washed. The company expects to wash 8.200 cars in August and to collect an average of $6.10 per car washed. The company actually washed 8,300 cars in August For example, electricity costs are $1,500 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.10 per car washed. The company actually washed 8,300 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 $ 50.6300 Expenses Cleaning supplies 4.150 Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income