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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: Fixed Cost mert Month Cost per Car Washed $0.50 $ 0.00 $ 1,200 Cleaning supplies Electricity Maintenance Wapes and salaries Depreciation Rent Administrative expenses 50.30 $ 4,200 33, 100 $1,000 $ 1,300 $ 0.05 For example, electricity costs are $1.200 per month plus $0.09 per car washed. The company expects to wash 8.400 cars in August and to collect an average of 56,30 per car washed. Required: Prepare the company's planning budget for August Live Rapide Planning Budget For the Month Ended August 31 Budgeted cars washed Ravenue Expenses Cleaning supplies Electricity Maintenance Wapes and salaries Depreciation Rent Administrative penses Total expense Net operating income 0 5 0

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