Auto Lavage is a Canadian company that owns and operates a large automatic carwa
ID: 2373690 • Letter: A
Question
Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's costs:
For example, electricity costs are $1,100 per month plus $0.08 per car washed. The company expects to wash 8,300 cars in October and to collect an average of $5.90 per car washed.
Complete the flexible budget performance report that shows the company's activity variances and revenue and spending variances for October. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)
per Month Cost per
Car Washed
Explanation / Answer
http://dept.harpercollege.edu/tutoring/pdfs/ac102_ch8.pdf
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