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 companys costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.60 Electricity $ 1,100 $ 0.07 Maintenance $ 0.25 Wages and salaries $ 4,800 $ 0.40 Depreciation $ 8,400 Rent $ 1,900 Administrative expenses $ 1,500 $ 0.02 For example, electricity costs should be $1,100 per month plus $0.07 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $5.90 per car washed. Required: Prepare the companys planning budget for August. rev: 07_01_2020_QC_CS-208650