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Lavage Rapide is a Canadlan company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the
Lavage Rapide is a Canadlan 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 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Car Washed $0.60 $0.06 $0.30 $ 0.20 $1,200 $4,900 $8,200 $2,000 $1,700 $ 0.02 For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.50 per car washed. Requirec Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Total expense Net operating income
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