Exercise 9-10 (Algo) Flexible Budget [LO9-1]

Lavage Rapide Is a Canadlan company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For example, electricity costs should be $1,000 per month plus $0.08 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.60 per car washed. Required: Prepare the company's flexible budget for August