PLEASE ANSWER FULLY Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Fixed Cost per Month Cost per Car Washed $0.80 $ 0.07 $ 0.20 $ 0.20 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation $ 4,000 $8,000 $2,000 Administrative expenses $1,500 $ 0.03 For example, electricity costs should be $1,000 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.20 per car washed. The actual operating results for August are as follows: Rent Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed Revenue Expenses: Cleaning supplies Electricity Maintenance $1,000 Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 8,500 $ 54,180 7,220 1,558 1,920 6,040 8,000 2,200 1,652 28,590 $ 25,590 Required: Calculate the company's revenue and spending variances for August. Note: 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.

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