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Help with preparing a flexible budget for October. Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec.
Help with preparing a flexible budget for October.
Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The followi provides data concerning the company's costs: Fixed Cost Cost per per Month Car Washed $ 0.90 0.30 $ 3,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 0.50 0.60 6,700 10,300 4,100 3,800 0.08 The company expects to charge customers an average of $7.90 per car washed. Required: Prepare a flexible budget for October assuming either 11,500 or 12,500 cars are washed. AUTO LAVAGE INC. Flexible Budget For the Month Ended October 31 Budgeted Amount Per Unit Cars Washed (per car) 11,500 12,500Step by Step Solution
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