Home / Questions / EXERCISE 9 9 Flexible Budget LO1 Auto Lavage is a Canadian company that owns and operates ...
EXERCISE 9–9 Flexible Budget [LO1]
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.
Required:
Prepare the company’s planning budget for October.
Jun 28 2020 View more View Less
Consider a market where supply and demand are given by QXS = 14 + PX and QXd = 82  2PX. Suppose the government imposes a price floor of $37, and agrees to purchase and ...
Jun 03 2020A firm has production function fx1, x2, x3, x4) ? min?x1, x2? ? min?x3, x4?. This firm faces competitive factor markets where the prices for the four factors are w1 ? $4,...
Dec 13 2019Determine the natural vibration frequencies and modes of the system with k1 = k and k2 = 2k in terms of the DOFs in the figure. Show that these results are equivalent to ...
Jun 10 2020In order to get maximum power transfer from a capacitive source, the load must(a) Have a capacitance equal to the source capacitance(b) Have an impedance equal in magnitu...
Jul 31 2020Consider projects A and B with the following cash flows:C0C1C2C3 AAcˆ’40242424 BAcˆ’65343434a1.What is the NPV of each project if the discount rate is 10%? (Do not rou...
Dec 03 2019Replacement Decision. A forklift will last for only 2 more years. It costs $5,000 a year to maintain. For $20,000 you can buy a new lift which can last for 10 years and s...
Jun 18 2020A 50mmdiameter solid steel shaft, used as a torque transmitter, is replaced with a hollow shaft having a 50mm OD and a 46mm ID. If both materials have the same streng...
Jun 24 2020Write a recursive function that takes as a parameter a nonnegative integer and generates the following pattern of stars. If the nonnegative integer is 4, then thepattern ...
Apr 18 2020A small college has 1095 students. What is the approximate probability that more than five students were born on Christmas day? Assume that the birthrates are constant th...
Aug 03 2020A concentric cylinder viscometer consists of a stationary inner cylinder, closed at the bottom with outer diameter 2 in, and a rotating outer cylinder, also closed on the...
Jun 16 2020