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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the companys costs:
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost Cost per MonthCar washed pen Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses s 8.50 $ 8.86 e.15 $8.38 1,3ee 4, 68e s8,38e 2,180 1,7ee 8.84 For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.30 per car washed. Requlrec Prepare the company's planning budget for August. e Rapide Planning Budget For the Month Ended August 31 Budgeted cars washed .. Revenue Cleaning supplies Electricity Maintenance Wages and salaries 8,300 Rent 2.100 Administrative expenses Total expense Net operating income 10.400 0,400Step by Step Solution
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