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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 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 | $ | 1,400 | $ | 0.06 | |
Maintenance | $ | 0.15 | |||
Wages and salaries | $ | 4,200 | $ | 0.20 | |
Depreciation | $ | 8,100 | |||
Rent | $ | 2,100 | |||
Administrative expenses | $ | 1,300 | $ | 0.04 | |
For example, electricity costs are $1,400 per month plus $0.06 per car washed. The company actually washed 8,600 cars in August and expects to collect an average of $6.90 per car washed. |
Required: |
Complete the companys flexible budget for August. |
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