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 per Month Cost per Car Washed Cleaning supplies $ 0.40 Electricity $ 1,200 $ 0.08 Maintenance $ 0.25 Wages and salaries $ 4,200 $ 0.40 Depreciation $ 8,200 Rent Administrative expenses $ 1,900 $1,700 $ 0.05. For example, electricity costs should be $1,200 per month plus $0.08 per car washed. The company actually washed 8,300 cars in August and collected an average of $6.60 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses