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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

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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 costs: Fixed CostCost per per MonthCar Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.70 $0.09 $ 0.15 S 0.40 1,100 $4,300 $ 8,100 $ 2,200 $1,400 $0.03 For example, electricity costs are $1,100 per month plus $0.09 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.50 per car washed. Required Complete the company's planning budget for August. Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income

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