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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

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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 $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.70 $ 0.05 $ 0.20 * 0,30 $ 4,000 $8,000 $ 2,000 $1,700 For example, electricity costs should be $1,300 per month plus $0.05 per car washed. The company actually washed 8,200 cars in August and collected an average of 56.20 per car washed Required: Prepare the company's flexible budget for August Lavage Rapide Flexible Budget Required: Prepare the company's flexible budget for August. 2 points eBook Lavage Rapido Flexible Budget For the Month Ended August 31 Hint References Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense

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