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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility...

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Accounting

Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs:
For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company actually washed 8,400 cars in August and expects to collect an average of $6.30 per car washed.
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Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month Cleaning supplies Electricity Maintenance Wages and salaries Cost per Car Washed $ 0.70 0.09 0.10 $ 0.40 1,300 $4,500 8,200 $ 2,000 $ 1,500 Rent Administrative expenses $ 0.02 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company actually washed 8,400 cars in August and expects to collect an average of $6.30 per car washed. Required: Complete the company's flexible budget for August Lavage Rapide Flexible Budget For the Month Ended August 31 Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Rent Administrative expenses Total expense Net operating income 8

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