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Exercise 9-11 (Static) Activity Variances [LO9-2] Lovage Ropide is a Canodian company that 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 $1,200 per month plus $0.15 per car woshed. The company expects to wash 9.000 cars in August and to collect an average of $4.90 per car washed. The company actually washed 8,800 cars in August. Required: Colculote 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.) Exercise 9-11 (Static) Activity Variances [LO9-2] Lovage Ropide is a Canodian company that 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 $1,200 per month plus $0.15 per car woshed. The company expects to wash 9.000 cars in August and to collect an average of $4.90 per car washed. The company actually washed 8,800 cars in August. Required: Colculote 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.)