The company expects to wash 8800 cars in August and to collect an average of $4.90 per car washed.

Please prepare an Income Statement. Budgeted unit selling price given. Each expense or cost can be viewed as a cost equation, e.g., Wages and Salaries is 5000+.3q (mixed cost); Maintenance is 0.2q (variable cost), and Rent is $8,000(fixed cost) and where q is number of units.

Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs