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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
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: Fixed Cost per Month Cost per Car Washed Cleaning supplies: Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $0.50 $1,500 $ 0.07 $ 0.20 $ 4,600 $ 0.30) $ 8,400 $ 1,800 $ 1,500 $ 0.03 For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company actually washed 8.500 cars in August and collected an average of $5.90 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue
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