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Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Rent Actual cars washed Revenue Lavage Rapide Income Statement For the Month Ended August 31
Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Rent Actual cars washed Revenue Lavage Rapide Income Statement For the Month Ended August 31 Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Fixed Cost per Month For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company expects to wash 8,400 c August and to collect an average of $6.70 per car washed. The actual operating results for August are as follows: Rent $ 1,500 $ 4,600 $ 8,200 $ 2,100 $ 1,500 Administrative expenses Total expenses Net operating income Cost per Car Washed 8,500 $ 58,380 $ 0.80 $ 0.07 7,220 2,058 1,920 7,480 8,200 2,300 1,652 30,830 $ 27,550 $ 0.20 $ 0.30 $ 0.03
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