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Homework Answers
Revenue and spending variance
| Revenue (8500*6.4-55860) | 1460 F |
| Expense | |
| Cleaning supplies | 430 U |
| Electricity | 38 F |
| Maintenance | 220 U |
| Wages and salaries | 330 U |
| Depreciation | 0 None |
| Rent | 200 U |
| Administrative expense | 105 F |
| Total expense | 1037 U |
| Net operating income | 423 F |
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Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance...
plzz help I have 10 minutes Exercise 9-13 Revenue and Spending Variances (LO9-3] Lavage Rapide is...
plzz help I have 10 minutes
Exercise 9-13 Revenue and Spending Variances (LO9-3] 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: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per per Month Car Washed $0.40 $1,400 $0.09 $0.20 $4,500 $0.40 $8,200 $2,000 $1,400 $0.02 For example, electricity costs are $1,400 per month plus $0.09 per...
Exercise 9-13 Revenue and Spending Variances (LO9-3] Lavage Rapide is a Canadian company that owns and operates a larg...
Exercise 9-13 Revenue and Spending Variances (LO9-3] 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 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.70 $0.09 $0.20 $0.30 $4,900 $ 8,100 $2,000 $1,500 $0.04 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects...
correct answers only please Exercise 9-13 Revenue and Spending Variances (LO9-3) Lavage Rapide is a Canadian...
correct answers only please
Exercise 9-13 Revenue and Spending Variances (LO9-3) 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 $0.50 $0.07 $0.30 $0.30 $1,200 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $5,000 $8,100 $2,100 $1,400 $0.03 For example, electricity costs are $1,200 per month plus $0.07 per car washed....
Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and...
Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and 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 Flexible Budget Performance Report For the Month Ended August 31 Actual Results 8,800 Flexible Budget Planning Budget Cars washed Revenue $ 43,080 $ (40) U Expenses: Cleaning supplies Electricity Maintenance...
Exercise 9-13 Revenue and Spending Variances (LO9-3] Lavage Rapide is a Canadian company that owns and...
Exercise 9-13 Revenue and Spending Variances (LO9-3] 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: cleaning supplies Electricity Maintenance Nages and salaries Depreciation Fixed cost Cost per per Month Car Washed $0.80 $1,200 $0.05 $0.25 $4,700 $0.30 $8.500 $1,900 $1,700 $0.03 Administrative expenses For example, electricity costs are $1.200 per month plus $0.05 per car washed. The company expects to wash...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 $0.50 $0. B $0.15 $0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $4,500 $8,200 $1,900 $1,600 $0.02 For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company expects to wash 8.200 cars in August and...
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near...
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost Cost per Car Washed $ 0.40 0.09 0.20 0.20 per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 $4,000 $8,200 $2,000 $1,600 0.02 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to...
Exercise 9-14 Prepare a Flexible Budget Performance Report (LO9-4) Lavage Rapide is a Canadian company that...
Exercise 9-14 Prepare a Flexible Budget Performance Report (LO9-4) 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 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.50 $0.08 $0.25 $0.30 $4,300 $8,200 $1,900 $1,400 $0.02 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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
Cleaning supplies
$
0.60
Electricity
$
1,300
$
0.08
Maintenance
$
0.25
Wages and salaries
$
4,400
$
0.40
Depreciation
$
8,300
Rent
$
1,800
Administrative expenses
$
1,300
$
0.01
For example, electricity costs are $1,300 per month plus $0.08
per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The follo...
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 Cost per Car Washed per Month Cleaning supplies Electricity $0.70 $0.07 $0.10 $0.20 $1,300 Maintenance $5,000 $8,300 $1,900 $1,300 Wages and salaries Depreciation Rent Administrative expenses $0.01 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to...
plzz help I have 10 minutes
Exercise 9-13 Revenue and Spending Variances (LO9-3] 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: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per per Month Car Washed $0.40 $1,400 $0.09 $0.20 $4,500 $0.40 $8,200 $2,000 $1,400 $0.02 For example, electricity costs are $1,400 per month plus $0.09 per...
Exercise 9-13 Revenue and Spending Variances (LO9-3] 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 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.70 $0.09 $0.20 $0.30 $4,900 $ 8,100 $2,000 $1,500 $0.04 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects...
correct answers only please
Exercise 9-13 Revenue and Spending Variances (LO9-3) 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 $0.50 $0.07 $0.30 $0.30 $1,200 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $5,000 $8,100 $2,100 $1,400 $0.03 For example, electricity costs are $1,200 per month plus $0.07 per car washed....
Required: Prepare a flexible budget performance report that shows the company's revenue and spending variances and 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 Flexible Budget Performance Report For the Month Ended August 31 Actual Results 8,800 Flexible Budget Planning Budget Cars washed Revenue $ 43,080 $ (40) U Expenses: Cleaning supplies Electricity Maintenance...
Exercise 9-13 Revenue and Spending Variances (LO9-3] 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: cleaning supplies Electricity Maintenance Nages and salaries Depreciation Fixed cost Cost per per Month Car Washed $0.80 $1,200 $0.05 $0.25 $4,700 $0.30 $8.500 $1,900 $1,700 $0.03 Administrative expenses For example, electricity costs are $1.200 per month plus $0.05 per car washed. The company expects to wash...
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 $0.50 $0. B $0.15 $0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $4,500 $8,200 $1,900 $1,600 $0.02 For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company expects to wash 8.200 cars in August and...
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost Cost per Car Washed $ 0.40 0.09 0.20 0.20 per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 $4,000 $8,200 $2,000 $1,600 0.02 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to...
Exercise 9-14 Prepare a Flexible Budget Performance Report (LO9-4) 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 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.50 $0.08 $0.25 $0.30 $4,300 $8,200 $1,900 $1,400 $0.02 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company...
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
Cleaning supplies
$
0.60
Electricity
$
1,300
$
0.08
Maintenance
$
0.25
Wages and salaries
$
4,400
$
0.40
Depreciation
$
8,300
Rent
$
1,800
Administrative expenses
$
1,300
$
0.01
For example, electricity costs are $1,300 per month plus $0.08
per car washed. The...
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 Cost per Car Washed per Month Cleaning supplies Electricity $0.70 $0.07 $0.10 $0.20 $1,300 Maintenance $5,000 $8,300 $1,900 $1,300 Wages and salaries Depreciation Rent Administrative expenses $0.01 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to...
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