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5 Check my work Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table

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5 Check my work 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 Cost per per Month Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 0.70 $0.07 $0.25 s0.20 points $1,500 eBook Print References $4,300 $8,300 $2,200 $1,700 $0.03 For example, electricity costs are $1,500 per month plus $0.07 per car washed. The company expects to wash 8.30 cars in August and to collect an average of $6.00 per car washed. The actual operating results for August appear below Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,400 $51,900 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 6,310 2,051 2,315 6,320 8,300 2,400 1,849 29,545 Total expense Net operating income 22,355 Mc Graw K Prev 5 of 6lE Next

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