Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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:
| Fixed Cost per Month |
Cost per Car Washed |
||||
| Cleaning supplies | $ | 0.40 | |||
| Electricity | $ | 1,000 | $ | 0.06 | |
| Maintenance | $ | 0.25 | |||
| Wages and salaries | $ | 4,300 | $ | 0.20 | |
| Depreciation | $ | 8,300 | |||
| Rent | $ | 2,000 | |||
| Administrative expenses | $ | 1,600 | $ | 0.05 | |
For example, electricity costs are $1,000 per month plus $0.06 per car washed. The company actually washed 8,300 cars in August and collected an average of $6.80 per car washed.
Required:
Prepare the company’s flexible budget for August.
Homework Answers
| Revenue (8300*6.80) | $56440 |
| Less: Expenses: | |
| Cleaning supplies (8300*0.4) | 3320 |
| Electricity (1000 + 8300*.06) | 1498 |
| Maintenance (8300*0.25) | 1498 |
| Wages and salaries (4300+8300*0.20) | -5798 |
| Depreciation | 8300 |
| Rent | 2000 |
| Administrative expenses (1600 + 8300*0.05) | 3098 |
| Net Income | $30,928 |
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Lavage Rapide is a Canadian company that owns and operates a
large automatic car wash facility...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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: Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.07 $ 0.15 $ 0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $ 4,600 $ 8,200 $ 2,200 $ 1,600 $ 0.03 For example, electricity costs are $1,000 per month plus $0.07 per car washed. The company...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.80 Electricity $ 1,200 $ 0.06 Maintenance $ 0.30 Wages and salaries $ 4,000 $ 0.30 Depreciation $ 8,100 Rent $ 2,100 Administrative expenses $ 1,600 $ 0.04 For example, electricity costs are $1,200 per month plus $0.06 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,000 $ 0.05 Maintenance $ 0.15 Wages and salaries $ 4,300 $ 0.20 Depreciation $ 8,100 Rent $ 2,100 Administrative expenses $ 1,600 $ 0.02 For example, electricity costs are $1,000 per month plus $0.05 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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: Fixed Cost per Month Cost per Car Washed $0.60 $ 0.06 $ 0.10 $ 0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 $4,200 $8, 100 $1,900 $1,600 $ 0.04 For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company actually washed 8,400 cars...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,400 $ 0.09 Maintenance $ 0.30 Wages and salaries $ 4,700 $ 0.40 Depreciation $ 8,200 Rent $ 1,900 Administrative expenses $ 1,700 $ 0.02 For example, electricity costs are $1,400 per month plus $0.09 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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:
Fixed Cost
per Month
Cost per
Car Washed
Cleaning supplies
$
0.60
Electricity
$
1,300
$
0.08
Maintenance
$
0.25
Wages and salaries
$
4,400
$
0.40
Depreciation
$
8,300
Rent
$
1,800
Administrative expenses
$
1,300
$
0.01
For example, electricity costs are $1,300 per month plus $0.08
per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.80 Electricity $ 1,200 $ 0.06 Maintenance $ 0.15 Wages and salaries $ 4,300 $ 0.40 Depreciation $ 8,000 Rent $ 2,100 Administrative expenses $ 1,400 $ 0.01 For example, electricity costs are $1,200 per month plus $0.06 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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: Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.08 $ 0.15 $ 0.40 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $4,300 $8,400 $1,900 $1,400 $ 0.02 For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company actually washed 8,400 cars...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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 Fixed Cost per Month Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 0.40 0.07 $ 0.25 $0.20 $1,400 $4,600 $8,300 $2,200 $1,500 $0.04 For example, electricity costs are $1,400 per month plus $0.07 per car washed. The company actually washed 8,300 cars in August and collected...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility...
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: Fixed Cost per Month $ 1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.50 $ 0.09 $ 0.20 $ 0.40 $ 4,900 $ 8,300 $ 1,900 $ 1,500 $ 0.05 For example, electricity costs are $1,400 per month plus $0.09 per car washed. The...
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: Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.07 $ 0.15 $ 0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $ 4,600 $ 8,200 $ 2,200 $ 1,600 $ 0.03 For example, electricity costs are $1,000 per month plus $0.07 per car washed. The company...
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: Fixed Cost per Month Cost per Car Washed $0.60 $ 0.06 $ 0.10 $ 0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 $4,200 $8, 100 $1,900 $1,600 $ 0.04 For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company actually washed 8,400 cars...
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:
Fixed Cost
per Month
Cost per
Car Washed
Cleaning supplies
$
0.60
Electricity
$
1,300
$
0.08
Maintenance
$
0.25
Wages and salaries
$
4,400
$
0.40
Depreciation
$
8,300
Rent
$
1,800
Administrative expenses
$
1,300
$
0.01
For example, electricity costs are $1,300 per month plus $0.08
per car washed. The...
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: Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.08 $ 0.15 $ 0.40 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $4,300 $8,400 $1,900 $1,400 $ 0.02 For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company actually washed 8,400 cars...
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 Fixed Cost per Month Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 0.40 0.07 $ 0.25 $0.20 $1,400 $4,600 $8,300 $2,200 $1,500 $0.04 For example, electricity costs are $1,400 per month plus $0.07 per car washed. The company actually washed 8,300 cars in August and collected...
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: Fixed Cost per Month $ 1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.50 $ 0.09 $ 0.20 $ 0.40 $ 4,900 $ 8,300 $ 1,900 $ 1,500 $ 0.05 For example, electricity costs are $1,400 per month plus $0.09 per car washed. The...
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