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6 Exercise 9-10 Planning Budget [LO9-1] Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The

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6 Exercise 9-10 Planning Budget [LO9-1] 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 Month Cost per Car Washed S 0.50 0.06 $ 0.20 $ e.20 polnts Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 1,5e0 eBook $ 4,700 $ 8,200 $2,000 1,500 Hint $0.04 For example, electricity costs are $1,500 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.80 per car washed Required: Prepare the company's planning budget for August avage Rapide Planning Budget For the Month Ended August 31 For example, electricity costs are $1,500 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.80 per car washed. Required: Prepare the company's planning budget for August. Lavage Rapide Planning Budget For the Month Ended August 31 points eBook Hint References Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income

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