Question

In: Accounting

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...

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
Cost per
Car Washed
Cleaning supplies $ 0.70
Electricity $ 1,300 $ 0.05
Maintenance $ 0.15
Wages and salaries $ 4,600 $ 0.40
Depreciation $ 8,100
Rent $ 2,000
Administrative expenses $ 1,600 $ 0.05

For example, electricity costs are $1,300 per month plus $0.05 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $5.90 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.)

Solutions

Expert Solution



Related Solutions

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.40 Electricity $ 1,500 $ 0.08 Maintenance $ 0.10 Wages and salaries $ 4,800 $ 0.30 Depreciation $ 8,300 Rent $ 1,900 Administrative expenses $ 1,700 $ 0.01 For example, electricity costs are $1,500 per month plus $0.08 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cleaning supplies $ 0.70 Electricity $ 1,400 $ 0.08 Maintenance $ 0.10 Wages and salaries $ 4,100 $ 0.40 Depreciation $ 8,300 Rent $ 2,200 Administrative expenses $ 1,700 $ 0.05 For example, electricity costs should be $1,400 per month plus $0.08 per car washed....
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,200 $ 0.09 Maintenance $ 0.20 Wages and salaries $ 4,500 $ 0.20 Depreciation $ 8,000 Rent $ 2,200 Administrative expenses $ 1,600 $ 0.01 For example, electricity costs are $1,200 per month plus $0.09 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.60 Electricity $ 1,500 $ 0.07 Maintenance $ 0.20 Wages and salaries $ 4,400 $ 0.20 Depreciation $ 8,300 Rent $ 2,100 Administrative expenses $ 1,300 $ 0.05 For example, electricity costs are $1,500 per month plus $0.07 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.50 Electricity $ 1,400 $ 0.08 Maintenance $ 0.15 Wages and salaries $ 4,500 $ 0.30 Depreciation $ 8,400 Rent $ 1,800 Administrative expenses $ 1,700 $ 0.01 For example, electricity costs are $1,400 per month plus $0.08 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.60 Electricity $ 1,100 $ 0.06 Maintenance $ 0.30 Wages and salaries $ 4,300 $ 0.30 Depreciation $ 8,200 Rent $ 1,800 Administrative expenses $ 1,600 $ 0.01 For example, electricity costs are $1,100 per month plus $0.06 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.60 Electricity $ 1,300 $ 0.09 Maintenance $ 0.30 Wages and salaries $ 4,500 $ 0.30 Depreciation $ 8,400 Rent $ 2,000 Administrative expenses $ 1,300 $ 0.02 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.80 Electricity $ 1,200 $ 0.15 Maintenance $ 0.20 Wages and salaries $ 5,000 $ 0.30 Depreciation $ 6,000 Rent $ 8,000 Administrative expenses $ 4,000 $ 0.10 For example, electricity costs are $1,200 per month plus $0.15 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.40 Electricity $ 1,300 $ 0.10 Maintenance $ 0.25 Wages and salaries $ 5,000 $ 0.40 Depreciation $ 8,200 Rent $ 1,900 Administrative expenses $ 1,600 $ 0.03 For example, electricity costs are $1,300 per month plus $0.10 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Cost per Car Washed Cleaning supplies $ 0.60 Electricity $ 1,100 $ 0.05 Maintenance $ 0.15 Wages and salaries $ 4,700 $ 0.20 Depreciation $ 8,300 Rent $ 2,000 Administrative expenses $ 1,500 $ 0.03 For example, electricity costs are $1,100 per month plus $0.05 per car washed. The...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT