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Exercise 9-14 Prepare a Flexible Budget Performance Report (LO9-4) Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility

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Exercise 9-14 Prepare a Flexible Budget Performance Report (LO9-4) 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: Fixed cost Cost per Car Washed Cleaning supplies $0.10 $0.20 Wages and salaries $6,000 58.100 For example, electricity costs are $1,300 per month plus $0.10 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.20 per car washed The actual operating results for August appear below. Lavage Rapide Theme Statement Tor the Month Ended Regut 31 Motul cars washed 8,300 $52,940 Expenses Cleaning supplies Electricity Wages and salaries Depreciation 7,640 100 ministrative expenses Total expense 29.596

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