de 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 Month Car Hashed 0.70 Cleaning supplies Electrieity Maintenance Wages and salaries Depreciation Rent $1,500 0.07 0.10 0109 30 4,600 8,100 2,100 1,300 s 0.20 $ 0.02 eBlook Hint Print Administrative expenses For example, electricity costs are $1,500 per month plus $0.07 per car washed. The company expects to wash 8100 cars in August and to collect an average of $6.60 per car washed Required: Prepare the company's planning budget for August Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Cleaning supplies Electricity 4 Administrative expenses 1,300 $0.02 For example, electricity costs are $1,500 per month plus $007 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.60 per car washed 10 points Required: Prepare the company's planning budget for August Planning Budget For the Month Ended August 31 eflook Hint Revenue References Cleaning supplies Electricity Maintenance Wages and salaries Rent Administrative expenses Total expense Net operating income