Question
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys
Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs:
Fixed Cost per Month Cost per Car Washed
Cleaning supplies $0.70
Electricity $1,400 $0.05
Maintenance $0.10
Wages and salaries $4,800 $0.30
Depreciation $8,300
Rent $1,900
Administrative expenses $1,700 $0.04
For example, electricity costs are $1,400 per month plus $0.05 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.30 per car washed.
Required:
Complete the companys planning budget for August.
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