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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash...

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Accounting

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 companys costs:
Fixed Cost per Month Cost per Car Washed
Cleaning supplies $ 0.60
Electricity $ 1,300 $ 0.09
Maintenance $ 0.10
Wages and salaries $ 4,900 $ 0.30
Depreciation $ 8,100
Rent $ 2,100
Administrative expenses $ 1,400 $ 0.02
For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.20 per car washed.
Required:
Prepare the companys planning budget for August.

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