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 51,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses cost per Car Washed $ 0.40 $ 0.00 $ 0.25 $0.30 54,200 $8,300 $ 2,100 51,400 $ 0.05 For example, electricity costs should be $1100 per month plus $0.07 per car washed. The company actually washed 8.300 cars in August and collected an average of $6.90 per car washed Required: Prepare the company's flexible budget for August Lavage Rapide Flexible Budget For the Month Ended August 31 Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 COS Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 0 $ 0