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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: oints Fixed Cost per Month Cost per Car Washed $ 0.40 $ 0.06 $ 0.15 $ 0.20 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses eBook Hint $4,100 $ 8,200 $2,000 $1,600 Print $ 0.01 References For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.60 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity and collected an average of $6.60 per car washed. Required: Prepare the company's flexible budget for August. oints Lavage Rapide Flexible Budget For the Month Ended August 31 eBook Hint Print References Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data concerning the most recent year appear below: pints Sales Net operating income Average operating assets $ 17,800,000 $ 4,600,000 $ 35,000,000 eBook Hint Print Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.) References 1. Margin 2. Turnover 3. ROI
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