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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

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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 company's costs: Pixed Cont per Month $1,200 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Cost per Car Washed $0.60 $ 0.08 $0.30 $0.30 $ 4,800 $ 8,500 $1,900 $1,500 Administrative expenses $ 0.04 For example, electricity costs are $1,200 per month plus $0.08 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.30 per car washed. Required: Prepare the company's planning budget for August Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies

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