Chapter 9 Exercises 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: 20 points Fixed Cost per Month Skipped Cost per Car Washed $0.70 $0.09 $ 0.20 $0.40 $1,200 eBook cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 4,700 $ 8,400 $ 2,000 $1,600 $0.03 Hint Ask For example, electricity costs are $1,200 per month plus $0.09 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.70 per car washed. Print Required: Prepare the company's planning budget for August. References Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income $