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Exercise 9-10 (Algo) Flexible Budget (L09-1] Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The

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Exercise 9-10 (Algo) Flexible Budget (L09-1] Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Fixed Cost per Cost per Month Car Washed cleaning supplies $ 0.70 Electricity $ 1,300 $ 0.08 Maintenance $ 0.30 Wages and salaries 5 4.100 50.30 Depreciation $ 8,500 Rent $ 2,000 Administrative expenses $ 1,500 $ 0.00 For example, electricity costs should be $1.300 per month plus $0.08 per car washed. The company actually washed 8.500 cars in August and collected an average of $6.10 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 Prev 9 of 12 !!! Next >

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