Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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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: Cost per Car Washed cleaning supplies. Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $ 0.40 $ 1,100 $ 0.06 $ 0.25 $ 4,300 $ 0.30 $ 8,200 $ 2,100 $ 1,600 $ 0.03 For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.10 per car washed. Required: Prepare the company's planning budget for August. 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: Cost per Car Washed cleaning supplies. Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month $ 0.40 $ 1,100 $ 0.06 $ 0.25 $ 4,300 $ 0.30 $ 8,200 $ 2,100 $ 1,600 $ 0.03 For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.10 per car washed. Required: Prepare the company's planning budget for August.
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