Answer and show formulas

1 points eBook 000 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 Car per Month Washed Cleaning supplies $ 0.40 Electricity $ 1,500 $ 8.26 Maintenance $ 8.15 Wages and salaries $ 4,000 $ 0.40 Depreciation $ 8, 200 $ 1,900 Administrative expenses $ 1,400 $ e.e4 For example, electricity costs are $1,500 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.20 per car washed. Required: Prepare the company's planning budget for August. Hint Rent References Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income