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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning

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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 per Month Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $0.50 $1,000 $ 0.05 $ 0.20 $4,100 $ 0.40 $8,300 $1,800 $1,400 $ 0.03 For example, electricity costs are $1,000 per month plus $0.05 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.50 per car washed. Required: Prepare the company's planning budget for August.

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