Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers--the number of cruises and the number of passengers--that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 90 passengers can be accommodated on the tour boat. Data concerning the company's cost formulas appear below. Cost per Passenger $ 3.50 Vessel operating costs Advertising Administrativo costa Insurance Tixed cost per Month Coat per Cruise $ 6,400 $ 476.00 $ 2,500 $5,000 $ 36.00 $ 3.900 $1.50 For example, vessel operating costs should be $6.400 per month plus $476.00 per cruise plus $3.50 per passenger. The company's sales should average $34.00 per passenger. In July, the company provided 55 cruises for a total of 3,100 passengers. Required: Prepare the company's flexible budget for July Alyenkl Tours Flexible Budget For the Month Ended July 31 es Revenue Expenses Vessel operating costs Advertising Administrative costs Insurance Total expenso Net operating income 0 0 PBB NA 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: Fixed Cost per Month $1,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.50 $ 0.07 $ 0.20 $0.40 $ 4,700 $8,100 $1,900 $ 1,600 $ 0.01 For example, electricity costs are $1,100 per month plus $0.07 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.60 per car washed. Required: Prepare the company's planning budget for August, mees Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Experies Cleaning supplies Electricity Maintenance Wages and stories Dopreciation Rent $ 0.20 $0.40 Maintenance Wages and salaries Depreciation Rent Administrative expenses $4,700 $ 8,100 $ 1,900 $1,600 $ 0.01 For example, electricity costs are $1,100 per month plus $0.07 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.60 per car washed. Required: Prepare the company's planning budget for August. Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salarios Depreciation Rent Administrative expenses To experie Net operating income 0 0 5