Fixed Cost per Cost per Car Washed Month Cleaning supplies $ 0.80 Electricity $ 1,300 $ 0.05 Maintenance $ 0.15 Wages and salaries $ 4,100 $ 0.20 Depreciation $ 8,000 Rent $ 2,100 Administrative expenses $ 1,800 $ 0.02 For example, electricity costs should be $1,300 per month plus $0.05 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.30 per car washed. Required: Prepare the company's 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 Net operating income