xp Mail-dennís.ache My UND I UND: UX | 0 My FAFSA-2018- ×), ? × Elmina Castle-Gc

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xp Mail-dennís.ache My UND I UND: UX | 0 My FAFSA-2018- ×), ? × Elmina Castle-Gc x Email | Tech SuPp: .> ? https://n Appssyllabus fine arts ? Connect × X-(5,249 unread).al ? ion.com/flow/connect.htmlPisRegztrue&returnUr;?https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsi. ? ? Ch. 9: Homework Saved Help Save & Exit Submit 5 Check my work 1 Exercise 9-10 Planning Budget [LO9-1] 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: points Fixed Cost per Month Cost per Car Washed eBook Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.06 $0.25 $0.48 Hint $ 1,300 $ 4,800 8,500 $1,900 $ 1,300 Print $0.03 For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.60 per car washed. Required: Prepare the company's planning budget for August age Rapide Planning Budget For the Month Ended August 31 Mc Graw Prey 1 of 6? Next >

Explanation / Answer

Planned cars washed 8200 Revenue 54120 =8200*6.6 Expenses: Cleaning supplies 4920 =8200*0.6 Electricity 1792 =1300+(8200*0.06) Maintenance 2050 =8200*0.25 Wages and salaries 8080 =4800+(8200*0.4) Depreciation 8500 Rent 1900 Administrative expenses 1546 =1300+(8200*0.03) Total expenses 28788 Net operating income 25332

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