1 points Exercise (Algo) Flexible Budget [LO9-1] Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Cleaning supplies eBook Electricity Maintenance Wages and salaries Depreciation Hint Rent Administrative expenses References Fixed Cost Cost per Car per Month Washed $ 0.70 $ 1,500 $ 0.05 $ 0.20 $ 4,200 $ 0.30 $ 8,100 $ 2,200 $ 1,400 $ 0.03 For example, electricity costs are $1,500 per month plus $0.05 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.50 per car washed. Required: Prepare the company's flexible budget for August, Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense 0 Net operating income $ 0