Lavage Rapide Canada, which is an American company, owns and manages several businesses.
Large automatic car washing facility located near Montreal Here are some other options
table provides data concerning the company’s costs:
Wash your car
|Salary and wages||$||5,000||$||0.40|
|Let me know if you are interested in renting||$||1,900|
Electricity costs for example are $1000 per month, plus $0.05
Each car washed. It is expected to wash 8.500 vehicles in August.
To collect $6.10 on average per car washed.
Below are the actual August operating results.
|Statement on Income|
|This is the End of August 31, 2018.|
|Cars were washed||8,600|
|Salary and wages||8,760|
|Let me know if you are interested in renting||2,100|
|Net operating income||$||26,540|
Create a report on the performance of your budget that shows how you are spending.
company’s revenue and spending variances and activity variances for
August. By selecting, indicate which variance has the greatest effect on your selection.
For favorable results, use “F”, “U”, and “None” to indicate no effect.
(i.e., zero variance). All amounts should be considered positive
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