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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
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 companys costs:
Fixed Cost per Month | Cost per Car Washed | ||||
Cleaning supplies | $ | 0.40 | |||
Electricity | $ | 1,300 | $ | 0.08 | |
Maintenance | $ | 0.20 | |||
Wages and salaries | $ | 4,800 | $ | 0.30 | |
Depreciation | $ | 8,300 | |||
Rent | $ | 2,100 | |||
Administrative expenses | $ | 1,700 | $ | 0.02 | |
For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.60 per car washed.
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2 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 per Month Cost per Car Washed $0.40 $ 0.08 0.20 0.30 points Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 $4,800 $8,300 $2,100 1,700 eBook $ 0.02 Hint For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.60 per car washed. Print Required: Prepare the company's flexible budget for August. References Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Cleaning supplies Electricity Wages and salaries Depreciation Rent Total expense Net operating incomeStep by Step Solution
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