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information regarding Miracle's costs: Fixed Cost per Month $ 1,200 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed
information regarding Miracle's costs: Fixed Cost per Month $ 1,200 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed 50.40 $ 0.06 $ 0,20 $0.40 $ 4,900 38,200 $ 2,000 $ 1,800 $ 0.01 For example, electricity costs are $1,200 per month plus $0.06 per car washed The company actually washed 8,500 cars in August and collected an average of $6.60 per car washed Required: Prepare the company's flexible budget for August Miracle Car Wash Flexible Budget For the Month Ended August 11 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating Income
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