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: Cleaning supplies Electricity Maintenance Rent Wages and salaries Depreciation Administrative expenses For example, electricity costs are $1,400 per month plus $0.07 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.30 per car washed. Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Fixed Cost per Month $ 1,400 Required: Prepare the company's planning budget for August. Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Cost per Car Washed $ 0.80 $ 0.07 $ 0.20 $ 0.20 $ 5,000 $ 8,100 $ 2,200 $ 1,500 $ 0.02 Prev 1 of 5 www www www Next >

avage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table rovides data concerning the company's costs: For example, electricity costs are $1,400 per month plus $0.07 per car washed, The company expects to wash 8,200 cars in August and to collect an average of $6.30 per car washed. Required: Prepare the company's planning budget for August