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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-

Thank you!!!

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      31,808