Cleaning supplies Electricity Maintenance Weges and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per per Month Car Washed 1,100 $ 0.60 $0.00 $0.25 $4,700 $8,400 $2,000 $1,700 0.30 5 0.03 For example, electricity costs are $1,100 per month plus $0.08 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 Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income $