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 companys costs:

	Fixed Cost per Month			Cost per Car Washed
Cleaning supplies				$	0.70
Electricity	$	1,300		$	0.09
Maintenance				$	0.10
Wages and salaries	$	4,800		$	0.30
Depreciation	$	8,200
Rent	$	2,100
Administrative expenses	$	1,400		$	0.03

For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.00 per car washed.

Check my work 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 cost per Month $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.78 $ 0.09 $ 6.10 $ 6.30 $4,800 $ 8,200 $ 2,100 $ 1,488 $ 0.83 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The company actually washed 8.200 cars in August and collected an average of $6.00 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 0 Net operating income $ 0