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Exercise 9-9 (Algo) Planning Budget [LO9-1] Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal.

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Exercise 9-9 (Algo) Planning Budget [LO9-1] 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 Cleaning supplies Electricity Haintenance Heges and salaries Depreciation Rent Adeinistrative expenses Fixed Cost per Month Cost per Car Washed $0.60 $1,300 50.06 $0.25 $ 4,500 $ 0.20 $88,500 $2,000 $1,400 $0.03 For example, electricity costs should be $1,300 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.30 per car washed.

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