Question

lomework 6 Saved Help Save & Exit Submit Check my work 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 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses per Month $1,300 S5,000 Cost per Car Washed S 0.80 0.08 $ 0.25 $ 0.30 $8,300 52.000 $005 1,500 $0.05 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company expects to wash and to collect an average of $6.10 per car washed. 8,.200 cars in August The actual operating results for August appear below. Lavage Rapide Inconte Ended Aigust 31 For the Month Ended August 31 Artual rars washerd Next > < Prey 4 of 6 706 PM 10/28/2018

Answer 1

Revenue and spending variance :

Revenue	1490 F
Expense
Cleaning supplies	420 U
Electricity	38 F
Maintenance	215 U
Wages and salaries	330 U
Depreciation	0 None
Rent	200 U
Administrative expense	105 F
Total expense	1022 U
Net operating income	468 F