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: Fixed CostCost per per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses r Washed $0.60 $0.88 $0.25 $0.30 $1,100 $5,688 $8,000 $1,800 $1,300 $e.82 For example, electricity costs are $1.100 per month plus $0.08 per car washed. The company expects to wash 8.500 cars in August and to collect an average of $6.70 per car washed. The actual operating results for August appear below Lavage Rapide Income Statenent For the Month Ended August 31 Actual cars washed 8,660 59,e5e Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 5,600 1,750 2,365 7,910 8,808 2,000 1,378 28,995 $ 30,055 Total expense Net operating income Prex 10f 2 Next>