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Mail - dennis.ache ND My UND IUND: UrConnect 0 My FAFSA-2018- ×), ? Elmina Castle - GN Email| Tech Suppo 0 .> ? https://n Appssyllabus fine arts X-(5,249 unread).al × × ? ion.com/flow/connect.htmlPisRegztrue&returnUr;?https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsi. ? ? Ch. 9: Homework Saved Help Save & Exit Submit 5 Check my work 4 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 per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $8.68 $0.09 0.15 $0.40 points $1,200 300 $8,100 $2,100 $1,700 eBook Print 0.01 For example, electricity costs are $1,200 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.10 per car washed. The actual operating results for August appear below age Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,300 Revenue 52,128 Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation 5,420 1,908 1,478 7,948 8,100 Mc Graw

Explanation / Answer

1.

                                                               Revenue and            
                                                               Spending variance
Revenue                                         $      1490 F
Expenses                    
Cleaning supplies                                 440 U
Electricity                                             39 F
Maintenance                                         225 U
Wages and salaries                              320 U
Depreciation                                          0 None
Rent                                                        0 None
Administration expense                      101 F
Total expense                                       845 U
   Net operating income                         645 F

Explanation

                                        Flexible       Actual        Revenue
                                        Budget        results       and     
                                                                                 Spending
                                                                                 Variance

Cars washed (q)             8,300         8,300
Revenue ($6.10q)          $50,630    $52,120          1490 F
Expenses:
Cleaning
supplies(0.60q)                4980           5420             440U
Electricity(1200+0.09q) 1947           1908             39F
Maintenance(0.15q)        1245            1470            225 U
Wages and
Salaries(4300+0.4q)         7620           7940             320 U
Depreciation(8100)           8100           8100             0 none
Rent(2300)                         2300           2300             0 none                    
Administration
Expenses(1700+0.01)         1783          1682             101 F
Total expense                     27975        28820            845 U
Net operating
income                                $22,655     $23,300        645 F

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