5 2 points eBook Print References Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Rent Actual cars washed Revenue Expenses: Lavage Rapide Income Statement For the Month Ended August 31 Cleaning supplies Electricity Maintenance For example, electricity costs should be $1,200 per month plus $0.06 per car washed. The company August and to collect an average of $6.20 per car washed. The actual operating results for August are as follows: Wages and salaries Depreciation Fixed Cost per Month Rent $ 1,200 $ 4,000 $ 8,300 $ 2,200 $ 1,400 Administrative expenses Total expenses Net operating income Cost per Car Washed $ 0.60 $ 0.06 $ 0.30 $ 0.40 8,200 $ 52,320 $ 0.02 5,360 1,656 2,670 7,600 8,300 2,400 1,462 29,448 $ 22,872

For example, electricity costs should be $1,200 per month plus $0.06 per car washed. The company August and to collect an average of $6.20 per car washed. The actual operating results for August are as follows