Problem

Refer to the data for Auto Lavage in Exercise 9-9.The actual operating results for October...

Refer to the data for Auto Lavage in Exercise 9-9.The actual operating results for October.appear below:

Auto lavage

Income Statement

For the Month Ended October 31

Actual cars washed

8,100

Revenue

$49,300

Expenses

 

    Cleaning supplies

6,100

    Electricity

2,170

    Maintenance

2,640

    Wages and salaries

8,260

    Depreciation

8,300

    Rent

2,300

    Administrative expenses

2,100

Total expense

31,870

Net operating income

$17,430

Required:

Prepare a report showing the company’s activity variances for October.

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Solutions For Problems in Chapter 9