1 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: Return to ques nts Fixed Cost per Month Cleaning supplies Electricity Maintenance Cost per Car Washed $0.80 $1,200 $0.15 $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 company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. Required: Prepare the company's planning budget for August. Answer is complete but not entirely correct. Lavage Rapide Planning Budget For the Month Ended August 31 Budgeted cars washed 9,000 Revenue $ 44,100 Expenses Cleaning supplies 7,200 O Electricity 1,530 C Maintenance: 1,800 Wages and salaries: 4,200