Prepare the companys flexible budget for august

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Problem

Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.80 Electricity $ 1,000 $ 0.06 Maintenance $ 0.15 Wages and salaries $ 4,500 $ 0.40 Depreciation $ 8,500 Rent $ 2,200 Administrative expenses $ 1,700 $ 0.02 For example, electricity costs should be $1,000 per month plus $0.06 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.10 per car washed. Get the instant assignment help. This average matches the budgeted revenue per car. Prepare the company's flexible budget for August.

Reference no: EM133906390

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