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PLEASE ANSWER ASAP Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides
PLEASE ANSWER ASAP
Lavage Rapide is a Canadian 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 Cost per per Month Car Washed Cleaning supplies $0.60 Electricity $1,400 $0.06 Maintenance $0.10 Wages and salaries $4,100 $0.40 Depreciation $8,200 Rent $2,200 Administrative expenses $1,600 $0.03 ' For example, electricity costs are $1,400 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.50 per car washed. Required: Prepare the company's planning budget for August. Revenue Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Total expense Net operating incomeStep by Step Solution
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