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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:
10.00 points Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. he following table provides data concerning the company S Costs Fixed Cost Cost per per Month Car Washed Cleaning supplies $0.70 0.08 Electricity 1,000 0.15 Maintenance 0.20 Wages and salaries 4,800 8,200 Depreciation 1,800 Rent 0.03 Administrative expenses 1,500 For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.20 per car washed Required: Complete the company's planning budget for August Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 0 Total expense 3 0 Net operating incomeStep by Step Solution
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