2 1 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 Coat per per month Car Washed Ching supplies 50.60 Electricity $1,500 10.02 Maintenance 10.20 Hages and salaries $4,100 10.30 Depreciation 10.200 Rent 52,100 ministrative expenses 51,500 30.05 For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company expects to wash 8.400 cars in August and to collect an average of $5.90 per car washed The actual operating results for August are as follows: Lavage Rapide Theone Statement For the Month Ended Augusti hetual care washed 8.500 Revenue 551.660 Expenses Cleaning supplies 5.540 Electrolty 2.058 Maintenance 1.920 Wages and salaries Depreciation 8,200 2.300 Administrative expenses 1,920 Total expense het operating income $22,842 6.980 2 1 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 Coat per per month Car Washed Ching supplies 50.60 Electricity $1,500 10.02 Maintenance 10.20 Hages and salaries $4,100 10.30 Depreciation 10.200 Rent 52,100 ministrative expenses 51,500 30.05 For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company expects to wash 8.400 cars in August and to collect an average of $5.90 per car washed The actual operating results for August are as follows: Lavage Rapide Theone Statement For the Month Ended Augusti hetual care washed 8.500 Revenue 551.660 Expenses Cleaning supplies 5.540 Electrolty 2.058 Maintenance 1.920 Wages and salaries Depreciation 8,200 2.300 Administrative expenses 1,920 Total expense het operating income $22,842 6.980