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 company's costs Fixed Cost Cost per Car per Month Washed Cleaning supplies $ 0.00 Electricity $ 1,200 5.0.15 Maintenance $ 0.20 Wages and salaries $5,000 $0.30 Depreciation $ 6,000 Rent $ 0.000 Administrative expenses $4.000 $ 0.10 For example, electricity costs are $1.200 per month plus $015 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4 90 per car washed Required: Prepare the company's planning budget for August
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