Answer
Planning Static Budget |
|
Cars washed |
8,000 |
Revenues |
$ 51,200.00 |
Expenses: |
|
Cleaning Supplies |
$ 3,200.00 |
Electricity |
$ 1,740.00 |
Maintenance |
$ 1,600.00 |
Wages & Salaries |
$ 6,400.00 |
Depreciation |
$ 8,100.00 |
Rent |
$ 1,900.00 |
Administrative expense |
$ 1,940.00 |
Total Expenses |
$ 24,880.00 |
Net Operating Income |
$ 26,320.00 |
--Working
WORKING COLUMNS |
||||||
Cars washed |
||||||
Revenues |
$ 6.40 |
|||||
Expenses: |
||||||
Cleaning Supplies |
( |
$ - |
) |
$ 0.40 |
x 8000 |
|
Electricity |
( |
$ 1,100.00 |
) |
$ 0.08 |
x 8000 |
) |
Maintenance |
( |
$ - |
+ |
$ 0.20 |
x 8000 |
) |
Wages & Salaries |
( |
$ 4,800.00 |
+ |
$ 0.20 |
x 8000 |
) |
Depreciation |
( |
$ 8,100.00 |
+ |
$ - |
x 8000 |
|
Rent |
( |
$ 1,900.00 |
) |
$ - |
x 8000 |
|
Administrative expense |
( |
$ 1,700.00 |
+ |
$ 0.03 |
x 8000 |
) |
Total Expenses |
$ 17,600.00 |
$ 0.91 |
x 8000 |
|||
Net Operating Income |
Exercise 9-10 Planning Budget (LO9-1] Lavage Rapide is a Canadian company that owns and operates a...
Exercise 9-14 Prepare a Flexible Budget Performance Report [LO9-4] 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 per Month $1,200 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.68 se.08 $0.30 $9.29 $4,5ee $8, 2ee $1,800 $1,4ee $8.01 For example, electricity costs are $1,200 per month plus $0.08 per car washed. The...
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 Pixed Cost Cost per Car Washed per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Adninistrative expenses S 0.50 S0.07 $0.30 S0.30 $1,200 $4,200 $8,200 $2,200 $1,600 $0.03 For example, electricity costs are $1,200 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and...
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 per Month Cost per Car Washed $0.60 $ 0.05 $ 0.20 $ 0.20 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 $ 4,300 $ 8,000 $1,800 $ 1,700 $ 0.04 For example, electricity costs are $1,300 per month plus $0.05 per car washed. The company expects to...
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 per Month $1,000 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.60 $ 0.09 $ 0.25 $ 0.30 $ 4,300 $ 8,500 $ 2,000 $ 1,800 $ 0.02 For example, electricity costs are $1,000 per month plus $0.09 per car washed. The company...
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 per Month $ 1,000 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.50 $ 0.06 $ 0.20 $ 0.30 $ 4,500 $ 8,200 $ 2,100 $ 1,700 $ 0.02 For example, electricity costs are $1,000 per month plus $0.06 per car washed. The...
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 per Month $1,000 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.80 $ 0.05 $ 0.15 $ 0.40 $ 4,900 $ 8,300 $1,900 $1,400 $ 0.04 For example, electricity costs are $1,000 per month plus $0.05 per car washed. The company expects to...
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 per Month $ 1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.60 $ 0.09 $ 0.30 $ 0.20 $ 4,500 $ 8,100 $ 1,900 $ 1,600 $ 0.84 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The...
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 per Month $ 1,200 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.60 $ 0.08 $ 0.10 $ 0.30 $ 4,100 $ 8,100 $1,900 $1,500 $ 0.03 For example, electricity costs are $1,200 per month plus $0.08 per car washed. The company expects...
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 per Month Cost per Car Washed $ 0.70 $ 0.07 $ 0.15 $ 0.20 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 1,400 $ 4,200 $ 8,300 $ 2,200 $ 1,700 $ 0.02 For example, electricity costs are $1,400 per month plus $0.07 per car washed. The...
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 per Month $ 1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.50 $ 0.09 $ 0.20 $ 0.40 $ 4,900 $ 8,300 $ 1,900 $ 1,500 $ 0.05 For example, electricity costs are $1,400 per month plus $0.09 per car washed. The...