Homework Answers
| Actual | Revenue and spending variances | Flexible budget | Activity variances | Planning budget | |||
| Cars washed | 8400 | 8400 | 8300 | ||||
| Revenue | 53560 | 1480 | F | 52080 | 620 | F | 51460 |
| Expenses: | |||||||
| Cleaning supplies | 5480 | 440 | U | 5040 | 60 | U | 4980 |
| Electricity | 1917 | 39 | F | 1956 | 9 | U | 1947 |
| Maintenance | 1900 | 220 | U | 1680 | 20 | U | 1660 |
| Wages and salaries | 6420 | 340 | U | 6080 | 20 | U | 6060 |
| Depreciation | 8400 | 0 | None | 8400 | 0 | None | 8400 |
| Rent | 2200 | 200 | U | 2000 | 0 | None | 2000 |
| Administrative expenses | 1683 | 101 | F | 1784 | 1 | U | 1783 |
| Total expenses | 28000 | 1060 | U | 26940 | 110 | U | 26830 |
| Net operating income | 25560 | 420 | F | 25140 | 510 | F | 24630 |
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Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Flexible Planning Budget...
Exercise 9-14 Prepare a Flexible Budget Performance Report [LO9-4] Lavage Rapide is a Canadian company that...
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 Cost per Car Washed Cleaning supplies $ 0.60 Electricity $ 1,300 $ 0.09 Maintenance $ 0.15 Wages and salaries $ 4,900 $ 0.40 Depreciation $ 8,400 Rent $ 1,900 Administrative expenses $ 1,700 $ 0.04 For example, electricity costs are...
Exercise 9-14 Prepare a Flexible Budget Performance Report [LO9-4] Lavage Rapide is a Canadian company that owns and op...
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 Cost per Car Washed $0.60 $e.08 se.30 $0.20 per Month Cleaning supplies Electricity Maintenance $1, 20e Wages and salaries Depreciation Rent $4,50e $8, 200 $1,80e $1,40e Administrative expenses s8.81 For example, electricity costs are $1,200 per month plus $0.08 per car washed....
Exercise 9-14 Prepare a Flexible Budget Performance Report [LO9-4] Lavage Rapide is a Canadian company that...
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...
Exercise 9-14 Prepare a Flexible Budget Performance Report (LO9-4] Lavage Rapide is a Canadian company that...
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 $1,500 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.50 $0.08 $0.25 $0.30 $4,800 $8,100 $2,100 $1,400 $0.03 For example, electricity costs are $1,500 per month plus $0.08 per car washed. The company...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 $ 1,400 $ 0.09 Maintenance $ 0.30 Wages and salaries $ 4,700 $ 0.40 Depreciation $ 8,200 Rent $ 1,900 Administrative expenses $ 1,700 $ 0.02 For example, electricity costs are $1,400 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...
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 Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $0.70 $ 0.09 $0.20 $ 0.20 $1,300 $4,500 $ 8,400 $2,100 $1,600 $ 0.02 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company actually washed 8,400 cars in...
Exercise 9-14 Prepare a Flexible Budget Performance Report (L09-4] Lavage Rapide is a Canadian company that owns and op...
Exercise 9-14 Prepare a Flexible Budget Performance Report (L09-4] 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: cleaning supplies Electricity Maintenance Nages and salaries Depreciation Rent Administrative expenses Fixed cost Cost per per Month Car Washed $0.70 $1,200 $0.05 $0.15 $4,500 $0.40 $8,300 $2,100 $1,800 $0.04 For example, electricity costs are $1.200 per month plus $0.05 per car washed. The company...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 $0.06 $0.15 $0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,200 $4,300 $8,200 $1,900 $1,500 $0.05 For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company expects to wash 8,300 cars in August and to...
Exercise 9-14 Prepare a Flexible Budget Performance Report (LO9-4) Lavage Rapide is a Canadian company that...
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 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.50 $0.08 $0.25 $0.30 $4,300 $8,200 $1,900 $1,400 $0.02 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The follow...
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 $ 1,300 $ 0.09 Maintenance $ 0.10 Wages and salaries $ 4,200 $ 0.20 Depreciation $ 8,100 Rent $ 1,800 Administrative expenses $ 1,600 $ 0.05 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The...
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 Cost per Car Washed $0.60 $e.08 se.30 $0.20 per Month Cleaning supplies Electricity Maintenance $1, 20e Wages and salaries Depreciation Rent $4,50e $8, 200 $1,80e $1,40e Administrative expenses s8.81 For example, electricity costs are $1,200 per month plus $0.08 per car washed....
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...
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 $1,500 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.50 $0.08 $0.25 $0.30 $4,800 $8,100 $2,100 $1,400 $0.03 For example, electricity costs are $1,500 per month plus $0.08 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 Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $0.70 $ 0.09 $0.20 $ 0.20 $1,300 $4,500 $ 8,400 $2,100 $1,600 $ 0.02 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company actually washed 8,400 cars in...
Exercise 9-14 Prepare a Flexible Budget Performance Report (L09-4] 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: cleaning supplies Electricity Maintenance Nages and salaries Depreciation Rent Administrative expenses Fixed cost Cost per per Month Car Washed $0.70 $1,200 $0.05 $0.15 $4,500 $0.40 $8,300 $2,100 $1,800 $0.04 For example, electricity costs are $1.200 per month plus $0.05 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 Cost per Car Washed $0.50 $0.06 $0.15 $0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,200 $4,300 $8,200 $1,900 $1,500 $0.05 For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company expects to wash 8,300 cars in August and to...
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 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $0.50 $0.08 $0.25 $0.30 $4,300 $8,200 $1,900 $1,400 $0.02 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company...
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