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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Cost per Car Washed 5 0.80 5 0.15 5 0.20 5 0.30 Fixed Cost per Month Cleaning supplies $ 1,200 Maintenance Wages and salaries Depreciation Rent Administrative expenses 5 5,000 5 6,000 5 8,000 5 4,000 0.10 For example, electricity costs are $1,200 per month plus 50.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of S4.90 per car washed Required Complete the company's planning budget for August. vage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and sslaries Depreciation Rent Administrative expenses Total expense Net operating income
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