Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Fixed Cost per Month $5,000 $6,000 $8,000 Administrative expenses $4,000 Rent $1,200 Cost per Car Washed $0.80 $0.15 $0.20 $0.30 $0.10 For example, electricity costs should be $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: Using Exhibit 9-2 as your guide, prepare the company's planning budget for August. EXERCISE 9-10 Flexible Budget LO9-1 Refer to the data for Lavage Rapide in Exercise 9-9. The company actually washed 8,800 cars in August.

Required: Using Exhibit 9-5 as your guide, prepare the company's flexible budget for August.

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity conts should be $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: Uning 14 Exhibit 9-2 as your zuide, prepare the company's planning badget for August. EXERCISE 9-10 Flexible Budget 1 LO9-1 Refer to the data for Lavage Rapide in 14 Exercise 9-9. The company actually washed 8,800 cars in August. Required: Using 14 Exhibit 9-5 as your guide, prepare the company/s flexible budget for Angust. Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity conts should be $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: Uning 14 Exhibit 9-2 as your zuide, prepare the company's planning badget for August. EXERCISE 9-10 Flexible Budget 1 LO9-1 Refer to the data for Lavage Rapide in 14 Exercise 9-9. The company actually washed 8,800 cars in August. Required: Using 14 Exhibit 9-5 as your guide, prepare the company/s flexible budget for Angust