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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreat. The following table provides data concerning the

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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreat. The following table provides data concerning the company's costs: Yaxed Coat Der Month 51,500 Cleaning supplies Hlectricity Maintenance Wages and salaries Depreciation Sent Administrative expenses cont per Car Washed 50.60 10.07 50.10 0.20 4,000 68,300 $2,000 $1.500 50.02 For example, electricity costs are $1,500 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to collect on average of $6.70 per car washed. Required: Prepare the company's planning budget for August For example, electricity costs are $1.500 per month plus $007 per car washed. The company expects to wash 8,100 cars in August and to collect on average of $6.70 per car washed. Required: Prepare the company's planning budget for August Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income

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