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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
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 Cleaning supplies Electricity Maintenance. Wages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per per Month Car Washed $0.60 $1,200 $0.07 $0.25 $4,000 $0.20 $8,200 $1,900 $1,700 $0.05 For example, electricity costs are $1,200 per month plus $0.07 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.80 per car washed. The actual operating results for August are as follows: Lavage Rapide Incone Statement For the Month Ended August 31 Actual cars washed Revenue Expenses: laanina unnies 8,300 $ 57,860 545
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