acct640 chapter 10 homework 495993

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 $ 0.70
Electricity $ 1,400 $ 0.10
Maintenance $ 0.30
Wages and salaries $ 4,700 $ 0.40
Depreciation $ 8,300
Rent $ 2,100
Administrative expenses $ 1,800 $ 0.05

For example, electricity costs are $1,400 per month plus $0.10 per car washed. The company expects to wash 8,000 cars in October and to collect an average of $5.90 per car washed.

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Complete the company s planning budget for October.

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