For example electricity costs are 1200 per month plus 015


Lavage Rapide is a Canadian company that owns and operates a large automatic carwash 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

$0.15

Maintenance


$0.20

Wages and salaries

$5,000

$0.30

Depreciation

$6,000


Rent

$8,000


Administrative expenses

$4,000

$0.10

For example, electricity costs are $1,200 per month plus $0.15 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.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: For example electricity costs are 1200 per month plus 015
Reference No:- TGS01260578

Expected delivery within 24 Hours