The company Lavage Rapide revenue and spending variance is equal for August.
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Revenue, also known as gross sales is often referred to as the top line because it sits at the top of the income statement. Income or net income is a company's total earnings or profit.
A spending variance is a difference between the actual amount of a particular expense and the expected (or budgeted) amount of an expense. To understand what variable overhead spending variance is, it helps to know what a variable overhead.
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal.
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