Exercise $9-9($Algo$)$ Planning Budget $[$L$09-1]$

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:

For example, electricity costs should be $$1,200$ per month plus $$0\mathrm{.}07$ per car washed. The company expects to wash $8,100$ cars in

August and to collect an average of $$6\mathrm{.}10$ per car washed.

Required:

Prepare the company's planning budget for August.Required:

Prepare the company's planning budget for August.

$\backslash$table$[[$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,$]]$