CH 9 Assignment 2 11.11 points Saved 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: Skipped Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent eBook Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.60 $ 1,400 $ 0.10 $ 0.25 $ 4,800 $ 0.30 $ 8,400 $ 1,900 $ 1,700 $ 0.04 For example, electricity costs should be $1,400 per month plus $0.10 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.80 per car washed. Hint Required: Prepare the company's planning budget for August. Revenue Expenses: Lavage Rapide Planning Budget For the Month Ended August 31 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 0 $ 0