value: 1.00 points Lavage Rapide is a Canadian company that owns and operates a
ID: 2540895 • Letter: V
Question
value: 1.00 points 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: Cost per Car Washed $0.80 $0.15 $0.20 $ 0.30 Fixed Cost per Month Cleaning supplies Electricity Maintenance Wages and salaries $ 1,200 $5,000 $6,000 $ 8,000 4,000 Rent $ 0.10 For example, electricity costs are $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. Required Complete the company's planning budget for August. age Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Rent Administrative expenses Total expense Net operating incomeExplanation / Answer
Answer:-
Lavage Rapide
Answer:-
Lavage Rapide
Planning Budget For the month ended August 31 Particulars Amount $ Revenue 9000 cars*$4.90 per car washed 44100 Less:-Expenses Cleaning supplies Variable 9000 cars*$.80 per car washed 7200 Electricity Variable 9000 cars*$.15 per car washed 1350 Electricity Fixed 1200 Maintenance Variable 9000 cars*$.20 per car washed 1800 Wages & Salaries Variable 9000 cars*$.30 per car washed 2700 Wages & Salaries Fixed 5000 Depreciation Fixed 6000 Rent Fixed 8000 Administrative expenses Variable 9000 cars*$.10 per car washed 900 Administrative expenses Fixed 4000 Net Opreating income 5950Related Questions
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