Question
(Algo) Flexible Budget [LO9-1] Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table
(Algo) Flexible 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 estimates concerning the company's costs Fixed Cost per Month $1,300 Cleaning supplies Electricity supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense
Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.70 $ 0.05 $ 0.20 * 0,30 $ 4,000 $8,000 $ 2,000 $1,700 For example, electricity costs should be $1,300 per month plus $0.05 per car washed. The company actually washed 8,200 cars in August and collected an average of 56.20 per car washed Required: Prepare the company's flexible budget for August Lavage Rapide Flexible Budget Required: Prepare the company's flexible budget for August. 2 points eBook Lavage Rapido Flexible Budget For the Month Ended August 31 Hint References Revenue Expenses Cleaning
Exercise 9-10 (Algo) Flexible 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 estimates concerning the company's costs Cost per Car Washed cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $ 0,701 $1,300 $0.05 $0.20 $4,000 $ 0.30 $8,000 $2,000 $1,700 $0.01 For example, electricity costs should be $1,300 per month plus $0.05 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.20 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget
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