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Miracle Car Wash located In Nashville, Tennessee has been providing interior and exterior car washes since 1960. Provided below is Information regarding Miracle's costs: 20

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Miracle Car Wash located In Nashville, Tennessee has been providing interior and exterior car washes since 1960. Provided below is Information regarding Miracle's costs: 20 Fixed Cost Cost per points per Month Car Washed Cleaning supplies $0. 70 Electricity $ 1, 200 $ 0. 08 Maintenance $0.20 Wages and salaries $ 4, 100 $ 0.30 Book Depreciation $ 8, 500 Rent $ 1, 900 Administrative expenses $ 1, 600 $0.02 Hint For example, electricity costs are $1,200 per month plus $0.08 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.60 per car washed. Print Required: Prepare the company's planning budget for August. References Miracle Car Wash Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating Income E9S SC 30 882 @ 2 W# 5 6 W E R

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