Question

For example, electricity costs should be $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. Required: Prepare the company’s planning budget for August.

Answer 1

Profit in august = $41,550

Step-by-step explanation:

Planning budget

Particular Amount

Total amount get(9,000 x $4.90) $44,100

Less: Electricity expenses $1,200

Less: cost per car (9,000 x $0.15) $1,350

Profit in august $41,550