Lavage Rapide is a Canadian company that owns and operates a large automatic car
ID: 2471644 • Letter: L
Question
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:
For example, electricity costs are $1,400 per month plus $0.09 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.90 per car washed.
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:
Explanation / Answer
Ans-
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Planning Budget Revenue 57,960 (8400*6.90) Expenses: Cleaning Supplies 4,200 (8400*.50) Electricity 2,156 ($1,400 + $.09q) Maintenance 1,680 8400*.20 Wages and salaries 5,980 ($4,300 + $.20q) Depriciation 8,200 Rent 1,900 Administrative exp. 2,036 ($1,700 + $.04q) Total Expenses 26,152 Profit 31,808Related Questions
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