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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 $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August
and to collect an average of $4.90 per car washed.
Required:
Prepare the companys planning budget for August.
actual cars washed or bugeted cars washed
Revenue
Expenses:
Cleaning supplies
Electricity
Maintenace
Wages and salaries
Depreciation
Rent
Administrative Expenses
Total expense
Net opertaing income
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