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s a Canadian company that owns and operates a large automatic canwash facility near Montreal. The following table provides data conceming the company's costs: concerning
s a Canadian company that owns and operates a large automatic canwash facility near Montreal. The following table provides data conceming the company's costs: concerning the Fixed Cost Cost per Month Car Cleaning supplies Electricity Maintenance Wages and salaries $ 0.60 $ 0.06 S 0.25 $1,200 S4,700 $ 0.40 $8,000 $2,000 $1,400 Rent expenser $0.01 For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company expects to wash 8,100 cars in car washed. August and to colect an average of $6.10 per Required: Complete the company's planning budget for August Planning Budget For the Revenue S 55,760 Expenses: 4,100 0 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses ,938 3 820 | 4,700 6,300 2,100 1,400 21,358 $ 34,402 Total expense Net operating income
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