Question
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
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 per Month. Cost per Car Washed $ 0.60 $1,000 $ 0.07 $ 0.20 $4,900 $0.20 $8,100 $1,800 $1,300 $ 0.02 For example, electricity costs are $1,000 per month plus $0.07 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.20 per car washed. Required: Prepare the company's planning budget for August.. Lavage Rapide Planning Budget For the Month Ended August 31 Revenue. Expensess Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses
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