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2 Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates
2 Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: 10 points eBook Hint Print References Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.50 Electricity $ 1,200 $ 0.05 Maintenance $ 0.15 $ 4,500 $ 0.40 Depreciation Administrative expenses $ 8,200 $ 1,900 $ 1,600 $ 0.01 Wages and salaries Rent For example, electricity costs should be $1,200 per month plus $0.05 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.20 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 Maintenanc
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