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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 Month Cost per Car Washed $0.50 $ 0.08 50.10 $0.30 Cleaning supplies Electricity Maintenance Wages and salarien Depreciation Rent Administrative expensen $1,400 $4,500 $8,000 $2,200 $1,500 $ 0.02 For example, electricity costs should be $1,400 per month plus $0.08 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.80 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31

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