6 0.55 points eBook Hint Print References Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Rent Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses: Fixed Cost per Month $ 1,500 $5,000 $ 8,500 $ 2,000 $ 1,300 For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.40 per car washed. Cleaning supplies Electricity Cost per Car Washed Required: Prepare the company's flexible budget for August. $ 0.70 $ 0.07 -$ 0.30 $ 0.30 $ 0.04

Lavage Rapide owns and operates a large outomatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August. For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide owns and operates a large outomatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August. For example, electricity costs should be $1,500 per month plus $0.07 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.40 per car washed. Required: Prepare the company's flexible budget for August