provides data concerning the company's costs: Fixed Cost per Honth $ 1,200 $4,600 $ 8,100 $ 2,000 $ 1,700 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses $ 0.04 For example, electricity costs are $1.200 per month plus $0.06 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.20 per car washed. Rent 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 Cost per Car Washed $ 0.70 $ 0.06 $0.20 $ 0.30 $ 0

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyz…