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Graded Homework Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data

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Graded Homework 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 Coot per Month $1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed 50.70 $0.09 $ 0.15 $ 0.30 $4,600 $8,200 $2,000 $1,400 $0.04 For example, electricity costs are $1.400 per month plus $0.09 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.00 per car washed. Required: Prepare the company's flexible budget for August. 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 0 $ 0

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