4 Exercise 9-9 (Static) Planning Budget (LO9-1] 1 points eBook Lavage Rapide Is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Fixed cost Cost per per Month Car Washed Cleaning supplies $0.00 Electricity $1,200 $0.15 Maintenance $0.20 Wages and salaries 55,000 $0.30 Depreciation 56,000 Rent $ 8,000 Administrative expenses $4,000 $0.10 Hint References For example, electricity costs should be $1.200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed, Required: Prepare the company's planning budget for August Lavage Rapide Planning Budget For the Month Ended August 31 RAVUR 4 For example, electricity costs should be $1.200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. Required: Prepare the company's planning budget for August 1 points eBook Hint Lavage Rapide Planning Budget For the Month Ended August 31 Actual cars washed References Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 8,500 6.000 8.000 22,500 (22,500) S