Chapter 9 Post-Class Assignment (Graded) Soved Exercise 9-8 Flexible Budget (LO9-1) 1.33 points 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 Cost per Car Washed $ 0.40 $ 0.08 $ 0.20 $ 0.30 eBook Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 1,400 Hint $ 4,000 $ 8,300 $ 1,900 $ 1,300 $ 0.05 Print For example, electricity costs are $1,400 per month plus $0.08 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.20 per car washed. References 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 Net operating income