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Elmina Castle - GN Email| Tech Suppo 0 Mail - dennis.ache ND My UND IUND: UrConn

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Question

Elmina Castle - GN Email| Tech Suppo 0 Mail - dennis.ache ND My UND IUND: UrConnect 0 My FAFSA-2018- X-(5,249 unread).al ×), ? × × ? ? c https://n ion.com/flow/connect.htmlPisRegztrue&returnUr;?https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsi. ? ? Appssyllabus fine arts Ch. 9: Homework Saved Help Save & Exit Submit 5 Check my work 3 Exercise 9-12 Activity Variances [LO9-2] 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: points Fixed Cost per Month Cost per Car Washed $8.88 $0.06 0.15 $0.30 eBook Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Print $1,400 900 $8,080 $1,800 $1,800 References 0.01 For example, electricity costs are $1,400 per month plus $0.06 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.60 per car washed. The company actually washed 8,300 cars in August. Required: Calculate 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.) age Rapide Activity Variances For the Month Ended August 31 Screenshot saved The screenshot was added to your Mc Graw

Explanation / Answer

Planning budget Flexible budget Activity variances Cars washed 8200 8300 Revenue 54120 54780 660 F Expenses: Cleaning supplies 6560 6640 80 U Electricity 1892 1898 6 U Maintenance 1230 1245 15 U Wages and salaries 7360 7390 30 U Depreciation 8000 8000 0 None Rent 1800 1800 0 None Administrative expenses 1882 1883 1 U Total expenses 28724 28856 132 U Net operating income 25396 25924 528 F

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