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:

Fixed Cost

per MonthCost per

Car WashedCleaning supplies$0.70Electricity$1,500$0.09Maintenance$0.30Wages and salaries$4,500$0.30Depreciation$8,300Rent$2,100Administrative expenses$1,300$0.04

For example, electricity costs are $1,500 per month plus $0.09 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.30 per car washed.

Required:

the company's planning budget for August.

2.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 MonthCost per

Car WashedCleaning supplies$0.40Electricity$1,200$0.05Maintenance$0.25Wages and salaries$4,800$0.30Depreciation$8,000Rent$2,100Administrative expenses$1,800$0.03

For example, electricity costs are $1,200 per month plus $0.05 per car washed. The company actually washed 8,300 cars in August and collected an average of $6.60 per car washed.

Required:

the company's flexible budget for August.