Exercise 9-11 Flexible Budget [LO9-1] Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.80 Electricity $ 1,100 $ 0.10 Maintenance $ 0.15 Wages and salaries $ 4,900 $ 0.30 Depreciation $ 8,300 Rent $ 2,000 Administrative expenses $ 1,500 $ 0.04 For example, electricity costs are $1,100 per month plus $0.10 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.50 per car washed. Required: Complete the companys flexible budget for August.

Lavage Rapide
Flexible Budget
For the Month Ended August 31
Revenue
Expenses:
Cleaning supplies
Electricity
Maintenance
Wages and salaries
Depreciation
Rent
Administrative expenses
Total expense	0
Net operating income	$0