Question

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: 10 Fixed Cost per Month points Cost per Car Washed $ 0.60 $ 0.06 $ 0.15 $ 0.30 $ 1,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses eBook Hint $ 4,400 $ 8,100 $ 2,000 $1,500 $ 0.05 Print References For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.40 per car washed.

Answer 1

Planning Budget For the month of August 31 Particulars Amount Car washes 81001 Revenue 51840 Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expense Total expenses Net operating income 4860 1586 1215 6830 8100 2000 1905 26496 25344