Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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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 estimates concerning the company's costs: Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $ 0.50 $ 1,000 $ 0.06 $ 0.20 $ 4,100 $ 0.40 $ 8,200 $ 1,800 $1,600 $ 0.01 For example, electricity costs should be $1,000 per month plus $0.06 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.20 per car washed. Required: Prenare the company's flexible budget for August. Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $ 0.50 $ 1,000 $ 0.06 $ 0.20 $ 4,100 $ 0.40 $ 8,200 $ 1,800 $1,600 $ 0.01 For example, electricity costs should be $1,000 per month plus $0.06 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.20 per car washed. Required: Prenare the company's flexible budget for August.
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