Exercise $9-7($Algo$)$ Planning Budget $[$LO$9-1]$

Lavage Rapide owns and operates a large automatic car wash near Montreal. The following table provides data concerning the company's costs:

For example, electricity costs are $\backslash (\backslash$$ $1,200\backslash )$ per month plus $\backslash (\backslash$$ $0\mathrm{.}10\backslash )$ per car washed. The company expects to wash $8,200$ cars in August and to collect an average of $\backslash (\backslash$$ $6\mathrm{.}80\backslash )$ per car washed.

Required:

Prepare the company's planning budget for August.