Exercise 9-11 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 data concerning the company's costs: Fixed Cost per Month Cost per Car Washed $1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $0.80 $0.09 $0.10 $0.30 $4,900 $8,100 $2,100 $1,300 $0.05 For example, electricity costs are $1,400 per month plus $0.09 per car washed. The company actually washed 8,600 cars in August and collected an average of $6.00 per car washed. Required: Prepare the company's flexible budget for Auqust. Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 nces Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income $ 0