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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 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:
For example, electricity costs are $1,000 per month plus $0.06 per car washed. The company expects to
wash 8,100 cars in August and to collect an average of $6.40 per car washed.
Required:
Prepare the company's planning 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 data concerning the companys costs:
Fixed Cost per Month Cost per Car Washed
Cleaning supplies $ 0.50
Electricity $ 1,000 $ 0.06
Maintenance $ 0.10
Wages and salaries $ 4,600 $ 0.20
Depreciation $ 8,400
Rent $ 2,000
Administrative expenses $ 1,500 $ 0.01
For example, electricity costs are $1,000 per month plus $0.06 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.40 per car washed.
Required:
Prepare the companys planning budget for August.
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