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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 Fixed

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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 Fixed Cost per Month $ 1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.80 $ 0.07 $ 0.15 se.se $ 4,3ee $ 8,100 52,800 $ 1,800 $ 0.02 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.50 per car washed, Required: Prepare the company's planning budget for August, Miracle Car Wash Planning Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salarios Depreciation Rent Administrative expenses Required: Prepare the company's planning budget for August Miracle Car Wash Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salarios Depreciation Rent Administrative expenses Total expense Net operating income

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