Solution
Lavage Rapide | ||
Revenues and Spending Variance | ||
For the Month ended August 31 | ||
Revenue | $ 1,440.00 | F |
Expenses: | ||
Cleaning supplies | $ 420.00 | U |
Electricity | $ 35.00 | F |
Maintenance | $ 215.00 | U |
Wages and salaries | $ 330.00 | U |
Depreciation | $ 0.00 | None |
Rent | $ 200.00 | U |
Administrative expenses | $ 103.00 | F |
Total Expenses | $ 1,027.00 | U |
Net Operating Income | $ 413.00 | F |
Working
Units (A) | Fixed cost (B) | Variable cost per unit © | Flexible cost and revenue (D=(A x C) +B) | |
Revenue | 8500 | $ 6.60 | $ 56,100.00 | |
Expenses: | 8500 | |||
Cleaning suplies | 8500 | $ - | $ 0.80 | $ 6,800.00 |
Electricity | 8500 | $ 1,200.00 | $ 0.05 | $ 1,625.00 |
Maintenance | 8500 | $ - | $ 0.25 | $ 2,125.00 |
Wages and salaries | 8500 | $ 4,700.00 | $ 0.30 | $ 7,250.00 |
Depreciation | 8500 | $ 8,500.00 | $ 8,500.00 | |
Rent | 8500 | $ 1,900.00 | $ 1,900.00 | |
Administrative expenses | 8500 | $ 1,700.00 | $ 0.03 | $ 1,955.00 |
Total Expenses | $ 30,155.00 | |||
Net Operating Income | $ 25,945.00 |
Exercise 9-13 Revenue and Spending Variances (LO9-3] Lavage Rapide is a Canadian company that owns and...
Exercise 9-13 Revenue and Spending Variances [LO9-3] 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 Cleaning supplies $ 0.80 Electricity $ 1,200 $ 0.08 Maintenance $ 0.25 Wages and salaries $ 4,300 $ 0.20 Depreciation $ 8,400 Rent $ 1,800 Administrative expenses $ 1,400 $ 0.03 For example, electricity costs are $1,200 per...
Exercise 9-13 Revenue and Spending Variances (LO9-3] 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 $0.70 $0.09 $0.20 $0.30 $4,900 $ 8,100 $2,000 $1,500 $0.04 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects...
correct answers only please
Exercise 9-13 Revenue and Spending Variances (LO9-3) 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 $0.50 $0.07 $0.30 $0.30 $1,200 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $5,000 $8,100 $2,100 $1,400 $0.03 For example, electricity costs are $1,200 per month plus $0.07 per car washed....
plzz help I have 10 minutes
Exercise 9-13 Revenue and Spending Variances (LO9-3] 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: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per per Month Car Washed $0.40 $1,400 $0.09 $0.20 $4,500 $0.40 $8,200 $2,000 $1,400 $0.02 For example, electricity costs are $1,400 per month plus $0.09 per...
Exercise 9-12 Activity Variances (LO9-2] 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 $0.50 $0.09 $0.10 $0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $4,700 $8,500 $2,000 $1,300 $0.05 For example, electricity costs are $1,000 per month plus $0.09 per car washed. The company expects to wash 8,400...
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 Cleaning supplies $ 0.50 Electricity $ 1,100 $ 0.07 Maintenance $ 0.15 Wages and salaries $ 4,800 $ 0.30 Depreciation $ 8,400 Rent $ 2,000 Administrative expenses $ 1,600 $ 0.04 For example, electricity costs are $1,100 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 $1,300 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Cost per Car Washed $0.70 $0.07 $0.10 $0.30 $4,100 $8,100 $1,900 $1,600 Administrative expenses $0.04 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and to collect...
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: points Fixed Cost per Month ebook Cost per Car Washed $e.be $0.06 se.15 $0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,200 $4,700 $8,500 $1,900 $1,400 For example, electricity costs are $1.200 per month plus $0.06 per car washed. The company expects to wash 8,500 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 Cleaning supplies $ 0.60 Electricity $ 1,200 $ 0.07 Maintenance $ 0.10 Wages and salaries $ 4,300 $ 0.20 Depreciation $ 8,500 Rent $ 2,000 Administrative expenses $ 1,500 $ 0.04 For example, electricity costs are $1,200 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 Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,300 $ 0.06 Maintenance $ 0.30 Wages and salaries $ 4,500 $ 0.30 Depreciation $ 8,300 Rent $ 2,000 Administrative expenses $ 1,400 $ 0.04 For example, electricity costs are $1,300 per month plus $0.06 per car washed. The...