Normal No Spacing Heading 1 Heeding 2 The following table provides estimates conceming the company's costs: Cleaning supplies Fixed Cost per MonthCost per Car Washed Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.50 $1,400 $ 0.10 $ 0.20 $ 5,000 $ 0.30 $ 8,300 $ 2,000 $ 1,700 $0.03 For example, electricity costs should be $1,400 per month plus $0.10 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.30 per car washed. The company actually washed 8,500 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.) 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