Exercise 9-10 (Algo) Flexible Budget (LO9-1) 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 Cost per per Month $1,500 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Car Washed $ 0.20 $ 0.09 $ 0.25 $0.30 $5,000 $ 8,200 $2,200 $1,600 $ 0.01 For example, electricity costs should be $1,500 per month plus $0.09 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.40 per car washed Required: Prepare the company's flexible budget for August Lavage Rapide Flexible Budget For the Month Ended August 31 For example, electricity costs should be $1,500 per month plus $0.09 per car washed. The company actually washed 8.100 cars in August and collected an average of $6.40 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 salanes Depreciation Rort Administrative expenses Total expense Net operating income 0 0 5