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1 5 Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides
1 5 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 points Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $1,300 $ 4,100 $ 8,000 $2,200 $1,500 Cost per Car Washed 50.00 $ 0.07 $0.20 $ 0.30 $0.04 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.20 per car washed. Required: Prepare the company's flexible budget for August Answer is complete but not entirely correct. Lavage Rapide Flexible Budget For the Month Ended August 31 Actual cars washed Revenue Expenses Cleaning supplies Electricity Maintenance 8.200 50,840 6.560 000 1,874 O 1.245
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