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b 10 points Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides
b 10 points 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: Cleaning supplies Electricity Maintenance Wages and salaries 01-18:05 Depreciation Rent Skipped Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.70 $ 1,200 $ 0.10 $ 0.20 $ 4,300 $ 0.30 $ 8,100 $ 2,100 $ 1,800 $ 0.04 For example, electricity costs are $1,200 per month plus $0.10 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.10 per car washed. Required: Prepare the company's flexible budget for August. Answer is not complete. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense 0 Net operating income $ 0 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 Car Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses per Month Washed $ 0.60 $ 1,100 $ 0.06 $0.20 $ 4,500 $ 0.30 $ 8,400 $ 1,900 $ 1,500 $ 0.04 For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.40 per car washed. Required: Prepare the company's planning budget for August. Answer is not complete. Lavage Rapide Planning Budget For the Month Ended August 31 13 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 0 0 far. It does not Indic
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