Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. lavage rapide is a canadian company that owns and

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash...

60.1K

Verified Solution

Question

Accounting

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 companys costs:

Fixed Cost per Month Cost per Car Washed
Cleaning supplies $ 0.60
Electricity $ 1,200 $ 0.06
Maintenance $ 0.25
Wages and salaries $ 4,100 $ 0.20
Depreciation $ 8,400
Rent $ 1,800
Administrative expenses $ 1,600 $ 0.02

For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.50 per car washed.

Required:

Prepare the companys flexible budget for August.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Calculate the pH of a buffer solution that contains 0.71 M NaH2PO4 and 0.12M Na2HPO4. I got the...

Chemistry
Q

(Maintenance Engineering) In assigning job priorities, it is important to consider some factors like

Mechanical Engineering
Q

How do you imagine the graph of a three variable system of three equations would look?...

Advance Math
Q

4 1980 The temperature coefficient of resistance of a wire is 0 00125 per C...

Physics
Q

49 Four identical cells each having emf E and internal resistance r are connected in...

Physics
Q

Suppose that for some positive real number a that Part A What is the value...

Basic Math
Q

Question 7 Let f z 4 2 If g z is the graph of f...

Basic Math
Q

The table shows the linear relationship between the elevation in thousands of feet and the...

Algebra
Q

3. On November 12th, Nutritious Pet Food Company's board of directors declares a...

Accounting
Q

profit for them Problem 5-2A je it for the month ended Juille su, LUIT. 5-2A...

Accounting
Q

Current Attempt in Progress At the beginning of the current season on April 1, the...

Accounting
Q

In December, Saras Sodas produced 3.9 million liters of the beverage. Manufacturing overhead was $1,450,000...

Accounting