Guided Example Lavado Rapido is a Mexican company that owns and operates a large automatic car wash facility near Mexico City. The following table provides data concerning the compart Fixed Cost per Month Cost per Car Washed Connect Cleaning supplies $1.10 Electricity 1,500 $0.20 Maintenance $0.35 Wages and salaries 6,500 $0.80 Depreciation S 6,000 Rent 9,500 Administrative expenses 3,500 $0.20 For example, electricity cost are $1,500 per month plus $0.20 per car washed. The company expects to wash 10,000 cars in October and to collect an average of $5.50 per car washed. Required: Prepare the company's planning budget for October. [LO1]