Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company$$s costs: Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates

concerning the company's costs:

For example, electricity costs should be $$1,400$ per month plus $$0\mathrm{.}06$ per car washed. The company expects to wash $8,300$ cars in

August and to collect an average of $$6\mathrm{.}90$ per car washed.

The actual operating results for August are as follows:

Required:

Calculate the company's revenue and spending varlances for August.

Note: Indlcate the effect of each varlance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($I$.$e$.,$ zero

varlance$).$ Input all amounts as positive values.

Fixed Cost per Month Cost per Car Washed

Cleaning supplies $ $0\mathrm{.}50$

Electricity $ $1,400$ $ $0\mathrm{.}06$

Maintenance $ $0\mathrm{.}15$

Wages and salaries $ $4,200$ $ $0\mathrm{.}20$

Depreciation $ $8,400$

Rent $ $2,100$

Administrative expenses $ $1,700$ $ $0\mathrm{.}05$

For example, electricity costs should be $$1,400$ per month plus $$0\mathrm{.}06$ per car washed. The company expects to wash $8,300$ cars in August and to collect an average of $$6\mathrm{.}90$ per car washed.

The actual operating results for August are as follows:

Lavage Rapide

Income Statement

For the Month Ended August $31$

Actual cars washed $8,400$

Revenue $ $59,370$

Expenses:

Cleaning supplies $4,650$

Electricity $1,868$

Maintenance $1,485$

Wages and salaries $6,220$

Depreciation $8,400$

Rent $2,300$

Administrative expenses $2,015$

Total expenses $26,938$

Net operating income $ $32,432$

Required:

Calculate the company's revenue and spending variances for August.

Note: 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.