Exercise 9-8 (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 data concerning the company's costs: Cost per Car Washed Cleaning supplies Electricity Maintenance Wages and salaries Rent Depreciation Administrative expenses Fixed Cost per Month $ 0.50 $ 1,100 $ 0.08 $ 0.10 $ 4,600 $ 0.30 $ 8,400 $ 2,100 $1,700 $ 0.05 For example, electricity costs are $1,100 per month plus $0.08 per car washed. The company actually washed 8,600 cars in August and collected an average of $6.20 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Months Ended August 31 Revenue Expenses: