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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 contemning
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data contemning the company's costs: Fixed Cost per Month $1,400 Cost per Car Washed $0.60 $ 0.20 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.15 $4,200 $0.30 $ 8,200 $1,900 $1,500 $0.03 For example, electricity costs are $1,400 per month plus $0.10 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.90 per car washed. Required: Prepare the company's flexible budget for August Lavage Rapide Flexible Budget For the Month Ended August 31
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