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Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the companys costs: Fixed Cost per
Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the companys costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.50 Electricity $ 1,400 $ 0.10 Maintenance $ 0.30 Wages and salaries $ 4,800 $ 0.40 Depreciation $ 8,500 Rent $ 2,000 Administrative expenses $ 1,600 $ 0.05 For example, electricity costs should be $1,400 per month plus $0.10 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.20 per car washed. Required: Prepare the companys flexible budget for August
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