{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-25T03:06:55-04:00", "answer_date": "2024-05-25 03:06:55", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1664096", "url": "\/study-help\/questions\/lavage-rapide-is-a-canadian-company-that-owns-and-operates-1664096", "question_creation_date_js": "2024-05-25T03:06:55-04:00", "question_creation_date": "May 25, 2024 03:06 AM", "meta_title": "[Solved] Lavage Rapide is a Canadian company that | SolutionInn", "meta_description": "Answer of - Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The foll | SolutionInn", "meta_keywords": "lavage,rapide,canadian,company,owns,operates,large,automatic,car,wash,facility,montreal", "question_title_h1": " Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning", "question_title": " Lavage Rapide is a Canadian company that owns and operates a", "question_title_for_js_snippet": "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 Car Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses per Month Washed $ 0 60 $ 1,100 $ 0 09 $ 0 30 $ 4,900 $ 0 30 $ 8,400 $ 2,200 $ 1,500 $ 0 05 For example, electricity costs are $1,100 per month plus $0 09 per car washed The company expects to wash 8,400 cars in August and to collect an average of $6 70 per car washed Required Prepare 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 Total expense Net operating income 0 $ 0", "question_description": "\"image", "transcribed_text": "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 Car Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses per Month Washed $ 0.60 $ 1,100 $ 0.09 $ 0.30 $ 4,900 $ 0.30 $ 8,400 $ 2,200 $ 1,500 $ 0.05 For example, electricity costs are $1,100 per month plus $0.09 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.70 per car washed. Required: Prepare 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 Total expense Net operating income 0 $ 0", "related_book": { "title": "Accounting for Governmental and Nonprofit Entities", "isbn": "78110939, 978-0078110931", "edition": "16th Edition", "authors": "Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/273.jpg", "uri": "\/textbooks\/accounting-for-governmental-and-nonprofit-entities-16th-edition-273", "see_more_uri": "" }, "free_related_book": { "isbn": "1503936864", "uri": "\/textbooks\/blood-on-the-tracks-1st-edition-9781503936867", "name": "Blood On The Tracks", "edition": "" }, "question_posted": "2024-05-25 03:06:55", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/why-must-microsoft-report-this-charge-of-over-1billion-entirelyin-658530", "description": "Why must Microsoft report this charge of over $1billion entirelyin one quarter, the last quarter of the company's physicalyear? 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