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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 $ 0.40 Electricity $ 1,300 $ 0.08 Maintenance $ 0.10 Wages and salaries $ 4,900 $ 0.40 Depreciation $ 8,000 Rent $ 2,000 Administrative expenses $ 1,400 $ 0.01 For example, electricity costs should be $1,300 per month plus $0.08 per car washed. The company actually washed 8,400 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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