Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. check my b lavage rapide is a canadian...

Check my B Lavage Rapide is a Canadian...

50.1K

Verified Solution

Question

Accounting

image
image
Check my B 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 Coat per Month Cost per Car Washed $0.70 50.09 $0.20 $0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,200 sok $4,400 $8.500 $1,900 $1,700 $0.02 ances For example, electricity costs are $1,200 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.30 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,300 $53,760 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 6,240 1,908 1,880 7,220 8,500 2,100 29,612 $ 24,148

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Under what conditions would a firm’s return on common equity (ROCE) be equal to its return...

Finance
Q

For the following table, mark an X for all the actions performed by the listed muscles. Muscles...

Medical Sciences
Q

Select 1 disease directly related to the respiratory and integumentary systems. Research and select a peer reviewed...

Medical Sciences
Q

Emma has provided to you a listing of the transactions she has undertaken throughout the financial...

Advance Math
Q

3 Eo V 4 91 92 93 80 27 small drops of same size are...

Physics
Q

Drag each coordinate pair to the correct location on the table Each coordinate pair can...

Basic Math
Q

Approximately 75% of patients comply with physicians' recommendations post office visits.Each patient's compliance is independent...

Basic Math
Q

Solve the following equation.x^2/3 - 5x^1/3+6=Larger x=Smaller x=

Calculus
Q

Trew Company plans to issue bonds with a face value of $910,000 and a coupon...

Accounting
Q

16 Consider the following information: 0.88 points State of Economy Recession Normal Boom Probability of...

Finance
Q

One cause of an unfavourable overhead volume variance would be increases in cost for fixed...

Accounting
Q

Metlock Corporation has the following trading portfolio of debt investments as of December 31, 2020....

Accounting