Assignment 01 Auto Leverage is a Canadian company that owns and operates a large automatic car wash facility near Quebec. The following table provides data concerning the company's costs: Fixed Cost per Month Cost per Car Washed $0.70 $ 1.400 010 Cleaning supplies...... Electricity........... Maintenance.......... Wages and salaries Depreciation....... Rent. Administrative expenses ....... 030 0.40 4,700 8,300 2100 1800 0.05 The company expects to charge customers an average of $5.90 per car washed. Prepare a flexible budget (only income statement) for October assuming either 8,000 or 9,000 cars are washed. Assignment 02 Refer to the data in Assignment 01. Auto Leverage's actual level of activity was 8,100 cars. The actual revenues and expenses for October are given below: Actual Data for 8,100 Cars $49,300 Sales Variable expenses Cleaning supplies... Electricity Maintenance.... Wages and salary...... Administrative.......... Fixed expenses Electricity ... Wages and salaries.... Depreciation Rent Administrative.. 6075 891 2,187 3402 486 1450 4700 8,300 2100 1745 Prepare a flexible budget performance report for October