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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 companys costs:

Fixed Cost per Month Cost per Car Washed
Cleaning supplies $ 0.40
Electricity $ 1,000 $ 0.07
Maintenance $ 0.25
Wages and salaries $ 4,300 $ 0.30
Depreciation $ 8,100
Rent $ 2,100
Administrative expenses $ 1,300 $ 0.02

For example, electricity costs are $1,000 per month plus $0.07 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.20 per car washed.

Required:

Prepare the companys planning budget for August.

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