EXERCISE $9-9$ Planning Budget $$ LO$9-1$

$2$ 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:

For example, electricity costs should be $$1,200$ per month plus $$0\mathrm{.}15$ per car washed. The company expects to wash $9,000$ cars in August

and to collect an average of $$4\mathrm{.}90$ per car washed.

Required:

Using $[$ Exhibit $9-2$ as your guide, prepare the company's planning budget for August.

EXERCISE $9-10$ Flexible Budget $$ LO$9-1$

$2$ Refer to the data for Lavage Rapide in $[$ Exercise $9-9.$ The company actually washed $8,800$ cars in August.

Required:

Using $[$ Exhibit $9-5$ as your guide, prepare the company's flexible budget for August.