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: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.60 Electricity $ 1,000 $ 0.06 Maintenance $ 0.15 Wages and salaries $ 4,900 $ 0.30 Depreciation $ 8,200 Rent $ 2,100 Administrative expenses $ 1,300 $ 0.03 For example, electricity costs are $1,000 per month plus $0.06 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.00 per car washed. Required: Prepare the companys planning budget for August.

	Fixed Cost per Month	Cost per Car Washed
Cleaning supplies		$ 0.60
Electricity	$ 1,000	$ 0.06
Maintenance		$ 0.15
Wages and salaries	$ 4,900	$ 0.30
Depreciation	$ 8,200
Rent	$ 2,100
Administrative expenses	$ 1,300	$ 0.03

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: For example, electricity costs are $1,000 per month plus $0.06 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.00 per car washed. Required: Prepare the company's planning budget for August