μονικές καιa concerning unie culpantys και Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.80 $ 1,300 $ 0.09 $ 0.20 $ 4,400 $ 0.20 $ 8,500 $ 2,000 $ 1,500 $ 0.01 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.80 per car washed. Required: Prepare the company's planning budget for August. Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 0 $ 0

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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μονικές καιa concerning unie culpantys και
Cleaning supplies
Electricity
Maintenance
Wages and salaries
Depreciation
Rent
Administrative expenses
Fixed Cost
per Month
Cost per
Car Washed
$ 0.80
$ 1,300
$ 0.09
$ 0.20
$ 4,400
$ 0.20
$ 8,500
$ 2,000
$ 1,500
$ 0.01
For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects to wash 8,400 cars in August
and to collect an average of $6.80 per car washed.
Required:
Prepare the company's planning budget for August.
Lavage Rapide
Planning Budget
For the Month Ended August 31
Revenue
Expenses:
Cleaning supplies
Electricity
Maintenance
Wages and salaries
Depreciation
Rent
Administrative expenses
Total expense
Net operating income
0
$
0
Transcribed Image Text:μονικές καιa concerning unie culpantys και Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.80 $ 1,300 $ 0.09 $ 0.20 $ 4,400 $ 0.20 $ 8,500 $ 2,000 $ 1,500 $ 0.01 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.80 per car washed. Required: Prepare the company's planning budget for August. Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 0 $ 0
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