Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.08 $ 0.15 $ 0.20 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 1,300 $ 4,300 $ 8,200 $1,900 $ 1,700 $ 0.02 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.50 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