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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed S 0.40 0.09 S 0.10 $0.40 1,500 S 4,300 S 8,300 $1,900 1,500 0.01 For example, electricity costs are S1,500 per month plus $0.09 per car washed. The company actually washed 8,600 cars in August and expects to collect an average of $6.20 per car washed. Required Complete the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income
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