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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
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: Fixed Cost Cost per Car Cleaning supplies Electricity Maintenance Wages and salaries. Depreciation Rent Administrative expenses per Month Washed $ 0.60 $ 1,300 $ 0.07 $ 0.15 $ 4,300 $ 0.30 $ 8,200 $ 2,000 $ 1,800 $ 0.05 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent
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