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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 | $ | 0.50 | |||
Electricity | $ | 1,400 | $ | 0.05 | |
Maintenance | $ | 0.15 | |||
Wages and salaries | $ | 4,300 | $ | 0.30 | |
Depreciation | $ | 8,100 | |||
Rent | $ | 2,100 | |||
Administrative expenses | $ | 1,800 | $ | 0.02 | |
For example, electricity costs are $1,400 per month plus $0.05 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.80 per car washed.
Required:
Prepare the companys planning budget for August.
Can someone help me plese
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 per Month Car Washed points Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $0.50 0.05 $0.15 $0.30 $1,400 $4,300 $8,100 2,100 $1,800 eBook $0.02 Hint For example, electricity costs are $1,400 per month plus $0.05 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.80 per car washed. Print Required: Prepare the company's planning budget for August. References Lavage Rapide Planning Budget For the Month Ended August 31 cars washed 4,100 Revenue Cleaning supplies Electricity Wages and salaries Depreciation Rent Total expense Net operating income
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