Question
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,100 $ 0.06 Maintenance $ 0.15 Wages and salaries $ 4,400 $ 0.30 Depreciation $ 8,200 Rent $ 1,900 Administrative expenses $ 1,700 $ 0.01 For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company actually washed 8,600 cars in August and collected an average of $6.50 per car washed. Required: Complete the companys flexible budget for August.
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