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provides data concerning the company's costs: Fixed Cost per Month Cost per Car Washed $ 0.50 $ 0.09 $ 0.10 $ 0.30 Cleaning supplies Electricity

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provides data concerning the company's costs: Fixed Cost per Month Cost per Car Washed $ 0.50 $ 0.09 $ 0.10 $ 0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 $ 4,300 $ 8,000 $1,900 $1,400 $ 0.04 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.40 per car washed. Required: Prepare the company's planning budget for August. Lavage Rapide Planning Budget For the Month Ended August 31 Budgeted cars washed Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 0 $ 0

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