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Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's
Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's expected costs:
tableFixed Cost,tableCost perCer MonthtableWashedCleaning supplies,$Electricity$MaintenanceWages and salaries,DepreciationRentAdministrative expenses,
For example, electricity costs are $ per month plus $ per car washed. The company expects to wash cars in October and to collect an average of $ per car washed.
Auto Lavage's actual level of activity was cars. The actual revenues and expenses for October are given below:
tableAuto LavageIncome StatementFor the Month Ended October,Actual cars washed,Sales$
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