5 0.55 points eBook Hint Print References Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Rent Fixed Cost per Month $ 1,400 $ 4,500 $ 8,300 $ 2,100 $ 1,800 Revenue Expenses: $ 0.01 For example, electricity costs should be $1,400 per month plus $0.05 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.50 per car washed. Lavage Rapide Planning Budget For the Month Ended August 31 Cleaning supplies Electricity Maintenance Wages and salaries Cost per Car Washed Required: Prepare the company's planning budget for August. $0.80 $ 0.05 $ 0.30 $ 0.30

Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity costs should be $1,400 per month plus $0.05 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.50 per car washed. Required: - Prepare the company's planning budget for August. For example, electricity costs should be $1,400 per month plus $0.05 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.50 per car washed. Required: Prepare the company's planning budget for August. Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity costs should be $1,400 per month plus $0.05 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.50 per car washed. Required: - Prepare the company's planning budget for August. For example, electricity costs should be $1,400 per month plus $0.05 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.50 per car washed. Required: Prepare the company's planning budget for August