Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following...
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Accounting
Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the companys costs:
Fixed Cost per Month Cost per Car Washed
Cleaning supplies $
Electricity $ $
Maintenance $
Wages and salaries $ $
Depreciation $
Rent $
Administrative expenses $ $
For example, electricity costs should be $ per month plus $ per car washed. The company actually washed cars in August and collected an average of $ per car washed.
Required:
Prepare the companys flexible budget for August.
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