Eectricity costs are 1200 per month plus 08 per car

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Reference no: EM13566990

Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's costs:

Fixed Cost
per Month

Cost per
Car Washed

Cleaning supplies			$	0.50
Electricity	$	1,200	$	0.08
Maintenance			$	0.15
Wages and salaries	$	4,500	$	0.20
Depreciation	$	8,100
Rent	$	2,000
Administrative expenses	$	1,500	$	0.03

For example, electricity costs are $1,200 per month plus $.08 per car washed. The company expects to wash 8,500 cars in October and to collect an average of $6.20 per car washed.

Required:

Prepare the company's planning budget for October. (Input all amounts as positive values.)

Auto Lavage Planning Budget For the Month Ended October 31
Revenue	$

Expenses:
Cleaning supplies
Electricity
Maintenance
Wages and salaries
Depreciation
Rent
Administrative expenses

Total expense

Net operating income	$

Reference no: EM13566990

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